Flipkart
Finance
Wall Street banks see rare payday bonanza in India despite pandemic
Major Wall Street banks in India raked in their second-highest fee income since the global financial crisis in the first ......
TMT
Walmart, Flipkart plough more cash into B2B agri marketplace Ninjacart
Ninjacart, a business-to-business marketplace for agricultural produce, has raised money in a follow-on round of funding from...
TMT
Amazon injects $95.5 mn into India payments unit ahead of festive season
Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data ......
General
Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds
Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......
TMT
Flipkart gears up for overseas IPO, may target $50 bn valuation
Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021,...
TMT
Flipkart to hire 70,000 in India ahead of big shopping event
Walmart Inc's Flipkart said on Tuesday it would create 70,000 new jobs and employ many more as delivery partners and ......
Consumer
Reliance approaches Jio Platforms' backers to invest in retail arm
Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com...
Consumer
Flipkart eyes investment in fashion firm touting brands endorsed by celebrities
Walmart-owned e-commerce giant Flipkart is planning to invest in a fashion startup, a person in the know told VCCircle. The...
General
Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer
The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may...
TMT
Amazon faces new antitrust challenge from Indian online sellers
A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. ......
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