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Deals Digest: Fintech cos lead funding race this week

TMT

20 January, 2023

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 ......

Finance

19 January, 2023

PhonePe raises $350 mn at $12 billion valuation

Walmart-owned payment services provider PhonePe on Thursday said it has raised $350 million (around Rs 2,478 crore) in a......

Finance

10 January, 2023

Flipkart Internet gets infusion from Singapore parent

Flipkart Internet, the online marketplace arm of the Walmart-backed company, has received $90 million ( ₹722 crore) ......

Finance

23 December, 2022

IPO-bound PhonePe concludes separation from Flipkart

Walmart-owned Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of ......

Finance

01 November, 2022

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......

Finance

28 October, 2022

Flipkart's loss widens 51% to Rs 4,362 cr in FY22

Flipkart Internet Pvt Ltd, which operates the e-commerce marketplace, reported its revenue at Rs 10,659 crore for the ......

TMT

18 October, 2022

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......

Finance

10 October, 2022

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 ......

Finance

03 October, 2022

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 ......

Consumer

13 June, 2022

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...

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