Walmart
Finance
PhonePe founders acquire Mumbai franchise of Prime Volleyball League
Walmart-owned PhonePe’s founders Sameer Nigam and Rahul Chari have acquired the Mumbai franchise in the Prime Volleyball League, the league ......
Finance
PhonePe shifts domicile from Singapore to India
Walmart-owned PhonePe, on Monday announced that it has concluded the process of moving its domicile from Singapore to India. The ......
Consumer
Tencent buys stake worth $264 mn in Flipkart from Binny Bansal
Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny ......
Infrastructure
Shadowfax FY22 revenue rises twofold
Logistics startup Shadowfax Technologies, backed by Walmart-owned Flipkart, more than doubled its revenue to nearly ₹1,000 crore in the financial ......
TMT
Startups targeting overseas markets tap cross-border accelerators
Many startups, especially direct-to-consumer (D2C) brands, having raised lot of funds in last 2 years and now aspiring to enter ......
Consumer
Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources
Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and ......
TMT
Walmart-owned PhonePe buys freelance micro-entrepreneurs network GigIndia
Walmart Inc-owned payments company PhonePe Pvt Ltd has acquired Explorium Innovative Technologies Pvt Ltd, which owns and operates GigIndia, a ......
TMT
Walmart-backed Ninjacart buys SaaS firm Tecxprt
Business-to-business (B2B) agri-marketing platform Ninjacart on Thursday said it has acquired SaaS (software-as-a-service) based end-to-end solutions provider Tecxprt for an ......
Consumer
Delivery race among Indian grocery startups brings road safety risks
Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick ......
TMT
Flipkart Group buys Yaantra to expand its reverse commerce business
The Flipkart Group, owned by Walmart Inc, has bought electronics reverse commerce(or recommerce)company Yaantra in a bid to expand its ......
