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Walmart-backed Ninjacart buys SaaS firm Tecxprt

TMT

10 March, 2022

Walmart-backed Ninjacart buys SaaS firm Tecxprt

Business-to-business (B2B) agri-marketing platform Ninjacart on Thursday said it has acquired SaaS (software-as-a-service) based end-to-end solutions provider Tecxprt for an ......

Delivery race among Indian grocery startups brings road safety risks

Consumer

24 January, 2022

Delivery race among Indian grocery startups brings road safety risks

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick ......

Flipkart Group buys Yaantra to expand its reverse commerce business

TMT

13 January, 2022

Flipkart Group buys Yaantra to expand its reverse commerce business

The Flipkart Group, owned by Walmart Inc, has bought electronics reverse commerce(or recommerce)company Yaantra in a bid to expand its ......

Ninjacart implements Rs 100 cr ESOP plan for current, former staff

Consumer

04 January, 2022

Ninjacart implements Rs 100 cr ESOP plan for current, former staff

Ninjacart, a business-to-business marketplace for agricultural produce, said on Tuesday it has implemented a Rs 100 crore (about $13.4 million) ......

B2B e-commerce firm Bzaar raises seed funding from Canaan Partners, Binny Bansal, others

TMT

07 December, 2021

B2B e-commerce firm Bzaar raises seed funding from Canaan Partners, Binny Bansal, others

Bzaar, a global business-to-business (B2B) e-commerce marketplace, has raised $4 million (Rs 30 crore) in its seed funding round led ......

Adani Group acquires a minority stake in Cleartrip for its super app strategy

TMT

29 October, 2021

Adani Group acquires a minority stake in Cleartrip for its super app strategy

Adani Enterprises Limited has acquired a minority stake in online travel aggregator Cleartrip Pvt Ltd from Flipkart Marketplace Pvt Ltd, ......

PhonePe sees income up 70% but net loss at Rs 1,730 cr in FY21

TMT

14 October, 2021

PhonePe sees income up 70% but net loss at Rs 1,730 cr in FY21

Walmart-owned digital payments and fintech firm, PhonePe Internet Pvt Ltd, has reported a close to 70% growth in consolidated income, ......

Indian retail segment most exciting, capable of skipping generations: Walmart CEO

TMT

25 August, 2021

Indian retail segment most exciting, capable of skipping generations: Walmart CEO

Indian retail market is one of the most exciting around the world and has its own uniqueness. Walmart has to ......

Walmart's Flipkart, Amazon ask top court to stop antitrust queries

TMT

29 July, 2021

Walmart's Flipkart, Amazon ask top court to stop antitrust queries

Walmart-owned Flipkart and Amazon.com Inc have asked India's Supreme Court to restrain the country's antitrust body from seeking sensitive business ......

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

TMT

28 July, 2021

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

Amazon.com Inc on Wednesday filed an appeal with India's top court against a state court's order that allowed an antitrust ......