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2 mins read
Flipkart announces raising $1.4 billion from Tencent, eBay & Microsoft, and acquires eBay India
Flipkart announced the feat in a blog post. “This strategic partnership enables Tencent to particip…
1 min read
Flipkart-eBay India deal to close in second half of the year
Devin Wenig, CEO at eBay, said, "We-'re committed to winning in India through this partnership.…
1 min read
Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now
Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. No…
1 min read
Amazon has invested more than $2-billion in India so far
After this round, its total capital invested in India stands at over Rs13,800 crore ($2.1billio…
1 min read
Flipkart acquires eBay India; all formalities completed
Flipkart announced it will buy eBay.in in April this year when it raised $ 1.4 billion from glo…
2 mins read
Take two: eBay is taking another stab at the Indian market
Flipkart will shut the eBay.in portal on 14 August, and replace it with a platform for the sale …
1 min read
SoftBank pumps in Rs 1,675 crore in Ola
SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs …
3 mins read
Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years
The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…
7 mins read
These 6 Digital Businesses Are Now Flush With VC Money
Internet businesses
in India
seem to have reached a tipping point, going by the kind of venture cap…
2 mins read
Amazon Q2 net profit down 77%; remains committed to India
Amazon's operating losses in its international business widened to USD 724 million (Rs 4,646 cro…
1 min read
Flipkart is pumping money in Myntra to ramp up operations; hikes annual budget by 25%
"We will just invest in those brands and that will eventually be run by the entrepreneurs. …
2 mins read
Walmart-owned Flipkart, the Indian e-commerce giant, is reportedly eyeing a 2021 overseas listing and hoping for a $50 billion valuation
Flipkart, majority-owned by Walmart, is preparing for an initial public offering overseas as early …
Grace Dean,Reuters
2 mins read
Byju's most valuable startup in India and 11th in the world with a valuation of $16.5 billion
Edtech company Byju's is now India's most valuable unicorn startup with a valuation of $16.5 billio…
2 mins read
Indian unicorn Flipkart's board approves $15 billion deal with Walmart
Both the companies have signed tentative agreements on May 3, 2018, and the deal will apparent…
1 min read
Kishore Biyani surprisingly backed Flipkart. Here's how
"Flipkart is as homegrown and Indian as an Infosys, HDFC or ICICI, which also have signific…
1 min read
Azim Premji, Ratan Tata’s nod also important for Flipkart-Snapdeal merger
Nod from Premji, Tata and other several important investors is still awaited. “If due dil…