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Walmart buys Tiger Global's residual Flipkart stake for $1.4 billion

Retail giant Walmart has reportedly paid $1.4 billion to acquire VC form Tiger Global's remaining s…

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3 mins read

India's startup economy stares at deepening funding winter in 2023

Indian startups, which saw a massive 35 per cent drop in funding in 2022 - from $37.2 billion in 20…

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2 mins read

Flipkart is putting the money where its mouth is⁠— and it’s not food and groceries yet

The e-commerce giant is not going to forget its priority or change its long term strategy.

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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…

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A flurry of Indian A-list entrepreneurs buyout Chinese investor Shunwei Capital’s stake in Koo – the microblogging site that’s taking on Twitter

Bombinate Technologies, the parent company of Vokal and Koo, has shown the door to one of its early…

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Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research

"The vehicle price hikes coupled with the cost rationalisation measures taken by OEMs to count…

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PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity

PhonePe has raised $700 million in a fresh round of fundraising, at a post-money valuation of $5.5 …

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You can expect a Flipkart employee to deliver your next package

Through the visits, Flipkart employees would have the chance to hear first-hand what customers like…

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3 mins read

Is Flipkart's musical chair with its CEO justified?

January 9, 2017, was the day when India’s largest e-commerce company and darling startup appointed …

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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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4 mins read

Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021

As Walmart boss Doug Mcmillon wants to “step on the gas” in India, Flipkart chief executive offi…

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Flipkart looking to hire engineers at middle level

"We will strengthen the two to five-year experience layer, with cutting-edge expertise. They will c…

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After Morgan Stanley, now T Rowe Price cuts down Flipkart's valuation by 4%

The repeated slashing of valuation has raised several questions about Flipkart’s ability to retain …

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Flipkart partners with ride-hailing app Meru to ensure doorstep delivery of essentials

The cab operator will make doorstep deliveries across metros like Bengaluru, Delhi NCR and Hyder…

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2 mins read

Bira91 raises $1.3 million, as losses mount for the Indian beer brand

Indian beer company Bira91 has raised $1.3 million in venture debt from Anicut capital, according t…

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Flipkart doesn’t want to bungle up ‘Big Billion Day’ sale in October, many changes expected

The magnitude of this year's Big Billion Day will depend on how many sellers and brands Flipkart is…

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Look who is back in Flipkart as head category management to stop Amazon’s juggernaut

"The decision to bring back an old time Flipkart-hand-Kalyan-to strengthen our leadership team, was…

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Flipkart app got 10 million downloads in the month before Big Billion Day Sale

Flipkart’s flagship sale event – the Big Billion Day – began on September 29, bringing relief to ea…

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Indian crafts, weaves and others will now be on sale on Flipkart, as a part of its new initiative

Walmart-owned Flipkart today announced a new initiative called ‘Samarth’ to help Indian artisans, w…