Walmart
TMT
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 ......
Infrastructure
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 ......
TMT
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 ......
General
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 ......
People
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
General
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 ......
General
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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