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Shadowfax FY22 revenue rises twofold

Infrastructure

31 May, 2022

Shadowfax FY22 revenue rises twofold

Logistics startup Shadowfax Technologies, backed by Walmart-owned Flipkart, more than doubled its revenue to nearly ₹1,000 crore...

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Startups targeting overseas markets tap cross-border accelerators

TMT

05 May, 2022

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...

Walmart's Flipkart raises IPO valuation target to $60-70 bln, eyes 2023 listing-sources

Consumer

07 April, 2022

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,...

Walmart-owned PhonePe buys freelance micro-entrepreneurs network GigIndia

TMT

21 March, 2022

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...

Walmart-backed Ninjacart buys SaaS firm Tecxprt

TMT

10 March, 2022

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...

Delivery race among Indian grocery startups brings road safety risks

Consumer

24 January, 2022

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...

Flipkart Group buys Yaantra to expand its reverse commerce business

TMT

13 January, 2022

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...

Ninjacart implements Rs 100 cr ESOP plan for current, former staff

Consumer

04 January, 2022

Ninjacart implements Rs 100 cr ESOP plan for current, former staff

Ninjacart, a business-to-business marketplace for agricultural produce, said on Tuesday it has implemented a Rs 100 crore (about...

B2B e-commerce firm Bzaar raises seed funding from Canaan Partners, Binny Bansal, others

TMT

07 December, 2021

B2B e-commerce firm Bzaar raises seed funding from Canaan Partners, Binny Bansal, others

Bzaar, a global business-to-business (B2B) e-commerce marketplace, has raised $4 million (Rs 30 crore) in its seed funding round...

Adani Group acquires a minority stake in Cleartrip for its super app strategy

TMT

29 October, 2021

Adani Group acquires a minority stake in Cleartrip for its super app strategy

Adani Enterprises Limited has acquired a minority stake in online travel aggregator Cleartrip Pvt Ltd from Flipkart Marketplace...

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