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Walmart-backed Flipkart to shift base back to India from Singapore

TMT

22 April, 2025

Walmart-backed Flipkart to shift base back to India from Singapore

Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday, as its parent Walmart ......

Walmart boosts tech presence in India with Chennai office deal

Infrastructure

16 April, 2025

Walmart boosts tech presence in India with Chennai office deal

Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast ......

Walmart-backed PhonePe prepares for stock market debut

TMT

20 February, 2025

Walmart-backed PhonePe prepares for stock market debut

Walmart-backed Indian fintech firm PhonePe is beginning preparatory steps for a public listing on the country's stock exchanges, the company said ......

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Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

General

24 January, 2025

Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture

India has been one of the most sought-after destinations for multinational companies ever since the economy opened nearly three-and-a-half decades ......

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Elev8 Venture Partners ropes in senior exec from Walmart

People

07 January, 2025

Elev8 Venture Partners ropes in senior exec from Walmart

Elev8 Venture Partners, which was set up by former Kae Capital partner Navin Honagudi and is raising $200 million (about ......

PhonePe continues to earn nearly entire revenue from payments business

TMT

21 October, 2024

PhonePe continues to earn nearly entire revenue from payments business

Walmart-owned financial services firm PhonePe, last valued at about $12 billion, continued to derive around 95% of its operating revenue from ......

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

TMT

26 August, 2024

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, aided by the company’s ......

Google to invest $350 mn in Flipkart at $37 bn valuation

TMT

24 May, 2024

Google to invest $350 mn in Flipkart at $37 bn valuation

Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......

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Grapevine: Tata Sons looks to sell stake in super app arm; Binny Bansal floats new venture

General

03 January, 2024

Grapevine: Tata Sons looks to sell stake in super app arm; Binny Bansal floats new venture

Tata Sons has kickstarted the process to sell a minority stake in Tata Digital Pvt. Ltd, which operates the group’s ......

Premium
Flashback 2023: Private investments and M&As take a hit as investors show caution

General

29 December, 2023

Flashback 2023: Private investments and M&As take a hit as investors show caution

India’s private investment scenario was more or less grim through 2023 as investors shifted stances, tweaked criteria and took more ......

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