“Reportedly, the move will help Flipkart to deliver real-time pricing and product analytics to its seller partners. According to an ET report, industry insiders have hinted that Flipkart bought the retail intelligence startup for around $30-40 million.
Upstream Commerce offers a suite of products related to predictive price optimization, pricing intelligence, lifecycle intelligence among others. In December 2016, Israeli startup which registered a 385 percent growth rate over the last three years, was also named Deloitte Technology Fast 500 EMEA list, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in Europe, the Middle East and Africa. The startup was backed by YL Ventures.”