Walmart
Finance
Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore
Flipkart India Pvt. Limited, the B2B (business-to-business) vertical of the Walmart-owned company, reported a loss of Rs 3,404 crore for ......
Finance
Flipkart's loss widens 51% to Rs 4,362 cr in FY22
Flipkart Internet Pvt. Ltd, which operates the e-commerce marketplace, recorded a 31% year-on-year jump in its revenues to Rs 10,659 ......
TMT
PhonePe India's revenue rises over two-fold in FY22
Walmart-owned payment services provider PhonePe’s consolidated operating revenue has more than doubled (growing by 138%) to Rs 1,646 crore during ......
Finance
PhonePe founders acquire Mumbai franchise of Prime Volleyball League
Walmart-owned PhonePe’s founders Sameer Nigam and Rahul Chari have acquired the Mumbai franchise in the Prime Volleyball League, the league ......
Finance
PhonePe shifts domicile from Singapore to India
Walmart-owned PhonePe, on Monday announced that it has concluded the process of moving its domicile from Singapore to India. The ......
Consumer
Tencent buys stake worth $264 mn in Flipkart from Binny Bansal
Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny ......
Infrastructure
Shadowfax FY22 revenue rises twofold
Logistics startup Shadowfax Technologies, backed by Walmart-owned Flipkart, more than doubled its revenue to nearly ₹1,000 crore in the financial ......
TMT
Startups targeting overseas markets tap cross-border accelerators
Many startups, especially direct-to-consumer (D2C) brands, having raised lot of funds in last 2 years and now aspiring to enter ......
Consumer
Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources
Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and ......
TMT
Walmart-owned PhonePe buys freelance micro-entrepreneurs network GigIndia
Walmart Inc-owned payments company PhonePe Pvt Ltd has acquired Explorium Innovative Technologies Pvt Ltd, which owns and operates GigIndia, a ......
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