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 ......
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 ......
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 ......
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, ......
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-......
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 ......
TMT
PhonePe's FY23 revenue jumps 77%, turns Ebitda positive on adjusted basis
Walmart-owned Indian digital payments unicorn PhonePe's revenue surged 77% during the year ended March 2023, on the ......
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