Tag:

Flipkart

Flipkart’s Big Billion Days 2023 Kicks Off with a Bang, Attracting 91 mn Customers on Early Access and Day 1

In a recent announcement on Tuesday, e-commerce giant Flipkart revealed that an astounding 91 million customers participated in its Early Access sale and Day...

Flipkart Ventures Boosts Tech Startups with Substantial Investments in its FLA Program

Flipkart Ventures, the investment arm of the prominent e-commerce giant, Flipkart, announced on Monday a strategic investment in five tech-focused startups as part of...

Flipkart to Create Over 100,000 Jobs in Its Supply Chain Ahead of Festive Season

Flipkart, a leading e-commerce platform in India, has announced plans to generate more than 100,000 direct and indirect jobs within its supply chain, encompassing...

Walmart Invests $3.5 bn to Strengthen Its Hold on Flipkart

In a strategic move aimed at solidifying its position in the rapidly growing Indian e-commerce market, retail giant Walmart has invested a staggering $3.5...

Walmart buys Tiger Global’s 4% stake in Flipkart for $1.4 bn

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported. A Walmart spokesperson confirmed...

Flipkart and PhonePe could be $100 bn businesses in India, Walmart says

Walmart’s CFO John David Rainey -- during an investor conference – has expressed optimism about the growth potential of its Flipkart online marketplace and...

Flipkart Ventures to invest in six early-stage startups

Flipkart Ventures, the $100 million venture capital fund set up by Flipkart, will be investing in six startups as part of its accelerator program...

Binny Bansal sells stake worth $264 mn in Flipkart to Tencent

Flipkart Co-founder Binny Bansal has sold his stake worth $264 million (more than Rs 2,000 crore) in the e-commerce platform to Chinese Internet giant...