Business News
Walmart-Backed PhonePe Secures SEBI Approval for IPO, Eyes Up to INR 12,000 Cr
The Bengaluru-based company had submitted its Draft Red Herring Prospectus (DRHP) through the confidential route in September last year.
Walmart
Business News
Flipkart And PhonePe Expects To Be a $100 Billion Business In India, Says Walmart CFO
In its most recent quarter ended April 30, Walmart said its Flipkart business generated double-digit sales growth, boosted by new shoppers in some cities and a 50% jump in ad sales
By Teena Jose
Business News
Meeting With Walmart CEO Was Fruitful, Says Modi
The Prime Minister also added that the CEO was happy to see India emerge as an attractive destination for investment
By Teena Jose
Business News
Walmart Gets $1 Billion Tax Bill For PhonePe Shift To India: Report
In July 2022, the digital payments firm PhonePe had revealed its plan to shift its headquarters from Singapore to India
By Teena Jose
Business News
Flipkart Splits PhonePe In a Separate Unit, Latter to Raise $700 Mn at $5.5 Bn Valuation
The Flipkart board has taken this decision to allow PhonePe to access dedicated capital to fund its long-term ambitions over the next three to four years
By Shipra Singh
Business News
Flipkart Acquires Walmart India, Launches Wholesale Online Marketplace for Kiranas
As the e-commerce battle in India intensifies, this deal along with the Walmart-led investment of USD 1.2 billion earlier this month indicate at Flipkart's ramped up efforts to grab a piece of the kirana stores pie
By Shipra Singh
Business News
Growth Strategies Followed By E-commerce Operators Amazon, eBay And Walmart
These strategies have helped the companies provide exceptional user experience on the website helping them outperform competitors
Business News
Sachin Bansal Accused Of Dowry Harassment By Wife
Bansal's wife Priya has filed an FIR with Bengaluru's Koramangala police station accusing the former Flipkart CEO of physical and sexual abuse as well
Business News
Making of the Fastest Unicorn, Udaan
When the three co-founders left Flipkart, they had no 'concrete idea' but the resolve to work together
Business News
Flipkart, Walmart Raise Bet On India’s Fresh Produce Market
The investment will help Ninjacart expand to newer cities and broaden its customer base, while also exposing the company to global best practices to improve efficiency.
By Debroop Roy
Business News
2 Reasons Why Walmart CEO Pled PM Modi for Stable Business Environment
Changes in foreign direct investment norms for web based market places toward the end of last year had disturbed Walmart-owned Flipkart and Amazon, and constrained them to update their plans of action.
Business News
Here Is What Sachin Bansal Is Doing After Exiting Flipkart
Sachin Bansal is back in the game as CEO after acquiring 94 per cent stake in a NBFC company
Business News
Flipkart Lands in Walmart’s Cart Again
Binny Bansal, the co-founder of Flipkart sells his shares worth Rs 530 crores to Walmart
Business News
Startup Saturday: SoftBank Looking to Pump $300-$500 million in Swiggy & Flipkart’s legal Spat with GOQii Puts Walmart in a Challenging Spot
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Business News
Reliance Enters Digital Retail: A Threat to Global Giants Finding Feat in India
Reliance's upper hand over Walmart-Amazon in digital retail
Business News
Techie Tuesday: Twitter to Counter Fake News More Actively & Walmart India Now Accepts Payments via PhonePe
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Business News
Startup Saturday: New Beginnings for Binny Bansal & Zomato’s Tamper-proof Plan
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Business News
India’s Most Celebrated Startup’s Founder Steps Down on Alleged ‘Serious Personal Misconduct’
The 37-year old co-founded e-commerce platform Flipkart, which was bought by Walmart in a $16-billion deal earlier this year
By Aashika Jain
Business News
The Great Indian Retail Saga: Will Online and Offline Join Hands For Growth?
The interlinking of online and offline will push forward the Indian e-commerce industry
Business News
How This CEO Targeted Indian Kiranawalas For Walmart’s Entry Into Indian Retail
The Walmart-Flipkart deal was not only about penetrating the retail market but the focus was also on shelling out an estimated 2,000 direct and indirect jobs
By Aashika Jain
Business News
Welcome a New Low-Cost MacBook Air & Google Faces Lawsuit: 4 Things to Know Today
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By Nidhi Singh
Business News
Entrepreneur India Picks: The Country’s Most Daring CEOs
While looking for true vision builders, we found CEOs from all quarters. From turnarounds to turmoil, they have seen it all.
By Aashika Jain
Business News
WhatsApp’s Storage Issues Are Resolved & Hyundai’s New Naming Campaign: 4 Things to Know Today
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Business News
Green Signal to Flipkart-Walmart Deal & Facebook Lands in Another Controversy: 4 Things to Know Today
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By Nidhi Singh
Business News
Microsoft and Walmart Join Hands Against Amazon & Flying Taxis Take a Step Closer to Reality: 4 Things to Know Today
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By Nidhi Singh
Business News
Flipkart-Walmart deal: End of an Era
Tracing the journey of the once poster boy of Indian start-up ecosystem
By Sandeep Soni
Business News
Bitcoin Crash Nears 2000 Dotcom Bubble Burst. 4 Things to Know Today
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By Sandeep Soni