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2 mins read

PhonePe moves domicile from Singapore to India

PhonePe moves domicile from Singapore to India

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1 min read

Flipkart's Binny Bansal launches startup that helps e-commerce companies go global

Flipkart co-founder Binny Bansal has come up with a new venture - 'OppDoor', which will help e-comm…

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3 mins read

Flipkart and PhonePe complete separation six years after acquisition

Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commer…

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2 mins read

Amid India-China standoff, Tencent is back with an investment in Flipkart

Flipkart has not yet responded to Business Insider’s queries. The story will be updated as a…

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Flipkart may now seek $70 billion valuation for its US listing

Homegrown ecommerce giant Flipkart will now reportedly be seeking a valuation of $60-70 billion fro…

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1 min read

Flipkart IPO may reportedly happen overseas in November 2022

Walmart-owned ecommerce giant Flipkart will go for an initial public offering (IPO) in November or …

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3 mins read

In India, it could be a funding autumn not winter with active funds are still closing big deals

The number of unicorns in India will increase from 122 to 200 in the next four years, according to …

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2 mins read

Flipkart and Tiger Global have a billion dollar notice to respond to in the next 90 days

India’s Enforcement Directorate (ED) has reportedly warned Walmart-owned Flipkart and its founders …

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2 mins read

Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’

Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…

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1 min read

Flipkart has to cross another hurdle before acquiring Snapdeal. Here’s what it is

ET reported RBI typically puts a question mark on cross-border transactions that result in …

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2 mins read

Tiger Global now has to pay tax on profit from sale of Flipkart stake to Walmart in 2018

While the AAR report does not mention Tiger Global, it does specify ₹14,500 crore exit. Tiger …

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2 mins read

Flipkart will try again for a ‘Made in India’ tag to be able to sell farm produce

However, Flipkart intends to reapply for the license. “At Flipkart, we believe that technolo…

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4 mins read

'Amazon and Flipkart are destroying India's retail sector,' says CAIT, asks government to revise FDI policy in e-commerce

CAIT in a communication sent to Goyal said that FDI in e-commerce section of Press Note No.2 of …

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3 mins read

Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?

The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…

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2 mins read

Ahead of Delhi High Court's decision, Future Group appeals to the Singapore arbitrator to exclude Future Retail from the fight with Amazon

Future Group’s appeal to exclude Future Retail comes as Biyani hopes to save his debt-ridden B…

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2 mins read

E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources

Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…

PTI   


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1 min read

Flipkart Internet is making money like never before, net worth jumps 12-fold!

The company has posted a revenue of Rs 659 crore in the year ended March 31, while last year, the r…

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2 mins read

Uber reveals how Indians got around in 2016, and the results are fascinating

Uber is one of the on-demand apps that have become omnipresent with the daily commute. Uber reveale…

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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   


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Walmart-owned Flipkart invests ₹28.3 billion into its India unit

Indian e-commerce giant Flipkart has raised ₹28.3 billion from its Singapore-based parent entity, a…