Walmart
TMT
Paytm's Sharma says open to increasing stake in payments firm
Paytm founder Vijay Shekhar Sharma said on Monday he is open to increasing his stake in the Indian fintech firm ......
TMT
Walmart buys Tiger Global's stake in Flipkart at $35-bn valuation
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall ......
Consumer
Indians bought goods worth $44.5 bn in FY23; one in three active e-shoppers
Indians bought products worth $44.5 billion from e-tailers in the financial year 2022-23 as e-commerce platforms expand ......
TMT
PhonePe snags another $100 mn from General Atlantic, others
Walmart Inc.-owned PhonePe has raised another $100 million (about Rs 820 crore) in the latest tranche of its ongoing ......
TMT
Deals Digest: Startup funding value doubles this week as PhonePe, Lenskart get big cheques
The total value of private equity and venture capital deals in India more than doubled this week from the previous ......
TMT
Walmart injects $200 mn more into PhonePe, retains majority stake
Fintech company PhonePe said Friday it has raised an additional $200 million in primary capital from Walmart at a pre-......
General
Grapevine: Avaada, PhonePe gear up for big deals; GQG may invest in Adani's cement biz
Canadian alternative investment firm Brookfield is in advanced talks to invest up to $1 billion through multiple ......
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 ......
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 ......
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