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Flipkart parent Walmart names new head of international division

Consumer

17 August, 2023

Flipkart parent Walmart names new head of international division

Walmart Inc on Wednesday promoted Kathryn McLay, CEO of its Sam's Club unit, to head its $100 billion international business ......

General Atlantic commits another $100 mn to PhonePe

TMT

22 May, 2023

General Atlantic commits another $100 mn to PhonePe

Global private equity firm General Atlantic on Monday said it has made another $100 million (Rs 820 crore) investment in ......

Flipkart gets interim HC relief over ₹1,100 cr tax demand

TMT

08 February, 2023

Flipkart gets interim HC relief over ₹1,100 cr tax demand

Walmart Inc-backed Flipkart on Wednesday won interim relief over a tax demand of more than ₹1,100 crore for assessment years ......

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

TMT

25 January, 2023

PhonePe investors paid Rs 8,000 cr in taxes to make India its home

Making India its home has proved to be expensive and "shocking" for the investors of digital payments company PhonePe who ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......

Flipkart joins race to deliver medicines in India

TMT

06 April, 2022

Flipkart joins race to deliver medicines in India

Walmart Inc-owned Flipkart Group has joined the race to deliver medicines in India, joining the likes of some of the ......

Flipkart-owned Myntra's loss narrows sharply in FY21 as revenue surges nearly 44%

Consumer

11 January, 2022

Flipkart-owned Myntra's loss narrows sharply in FY21 as revenue surges nearly 44%

Flipkart-owned fashion, beauty and lifestyle e-commerce marketplace Myntra’s net loss narrowed sharply in 2020-21 (FY21) after the company reported a ......

Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart

TMT

13 December, 2021

Ninjacart pockets $145 mn in fresh funding from Flipkart, Walmart

Ninjacart, a business-to-business marketplace for agricultural produce, said on Monday it has raised $145 million (Rs 1,095 crore) in a ......

Walmart's Flipkart in early talks for US listing via SPAC deal

TMT

04 March, 2021

Walmart's Flipkart in early talks for US listing via SPAC deal

Walmart Inc-owned Indian e-commerce giant Flipkart is exploring going public in the United States through a deal with a blank-check ......

Podcast: Shadowfax co-founder on long-term partnership with Flipkart and more

TMT

17 December, 2020

Podcast: Shadowfax co-founder on long-term partnership with Flipkart and more

Shadowfax Technologies Ltd is one of the well-funded logistics startups in the country. In December last year, Shadowfax raised $60 million ......