Walmart
TMT
Flipkart seeks stake in online pharmacy firm
Walmart-owned online retailer Flipkart is in talks to acquire a stake in Bengaluru-based Pharmallama, two people aware of the matter ......
Finance
PhonePe raises additional $100 mn as part of $1 bn round
Walmart-owned digital payments platform PhonePe said it raised an additional $100 million in primary capital from Tiger Global, Ribbit Capital ......
People
Citykart appoints former Walmart India's exec as president, COO
Apparel retailer Citykart on Tuesday appointed Ritesh Rathi as the company’s president and chief operating officer to drive its growth. In ......
TMT
Deals Digest: Fintech cos lead funding race this week
Financial services sector took the front seat in funding activity this week, which also saw Walmart-owned digital payments app PhonePe ......
Finance
PhonePe raises $350 mn at $12 billion valuation
Walmart-owned Indian digital payments app PhonePe has raised $350 million from US private equity firm General Atlantic at a pre-money ......
Finance
Flipkart Internet gets infusion from Singapore parent
Flipkart Internet, the online marketplace arm of the Walmart-backed company, has received $90 million ( ₹722 crore) fund infusion from ......
Finance
IPO-bound PhonePe concludes separation from Flipkart
Walmart-owned Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of PhonePe as the company gears ......
Finance
Flipkart B2B arm's FY22 loss widens to Rs 3,404 crore
Flipkart India Pvt. Limited, the B2B (business-to-business) vertical of the Walmart-owned company, reported a loss of Rs 3,404 crore for ......
Finance
Flipkart's loss widens 51% to Rs 4,362 cr in FY22
Flipkart Internet Pvt. Ltd, which operates the e-commerce marketplace, recorded a 31% year-on-year jump in its revenues to Rs 10,659 ......
TMT
PhonePe India's revenue rises over two-fold in FY22
Walmart-owned payment services provider PhonePe’s consolidated operating revenue has more than doubled (growing by 138%) to Rs 1,646 crore during ......
