Flipkart
Infrastructure
TPG-backed Shadowfax swings to operating profit for FY24 as quick commerce booms
Shadowfax Technologies, a logistics startup backed by private equity firm TPG, turned operationally profitable in the last financial year as ......
TMT
VC-backed SectorQube draws takeover interest after failed deal
SectorQube Technolabs Pvt. Ltd., which makes smart locks under the IKIN brand, has received inbound interest for an acquisition from ......
People
Fireside Ventures appoints former Flipkart exec as operating partner
Early-stage venture capital firm Fireside Ventures has roped in a former Flipkart executive as an operating partner to lead strategic ......
TMT
Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment ......
TMT
Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO
Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......
TMT
Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms
India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged ......
General
Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news
Singapore state investment firm Temasek and private equity firm Actis are making investments in Indian companies while Swiggy and Sparsh ......
TMT
Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto
India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......
Consumer
Spotlight: Designer labels turn showstopper on Aditya Birla Fashion's growth runway
On Dec. 21, 1999, as the world prepared to welcome the new millennium, Aditya Birla Group made its first major ......
TMT
CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws
An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to ......
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