Tag: Flipkart
Indian firms Flipkart, PhonePe can have more investors: Walmart CEO
The US-based multinational retail company, Walmart’s CEO Doug McMillon said that its Indian eCommerce firm Flipkart and digital payments business PhonePe have space for...
Walmart begins preparation for Flipkart’s $10bn IPO
Retail giant Walmart has hired Goldman Sachs, the multinational investment bank and financial services company, to explore an initial share sale of its Flipkart...
India’s Flipkart partially spins off payments platform PhonePe
Indian eCommerce giant Flipkart is partially turning its digital payments app PhonePe into a separate company, a move aimed at expanding its capital access...
India’s Flipkart acquires homegrown AR startup Scapic; Aims better virtual customer...
In an attempt to boost its immersive shopping experience capabilities for customers, Walmart's Indian subsidiary Flipkart Group has acquired Augmented Reality (AR) startup Scapic.
As...
India’s Flipkart will acquire 7.8% stake in Aditya Birla Fashion
Walmart's subsidiary in India, Flipkart will buy a 7.8 percent stake in Aditya Birla Fashion and Retail Ltd for $204 million giving the eCommerce...
Amazon & Flipkart rivalry intensify in India as festival sales begin
India's festival shopping season is underway, pitting the largest online retailers in the country against each other in a fight to seize a greater...
India’s Flipkart starts 90-Min Delivery to pivot towards offline channels
India's e-commerce platform, Flipkart announced its plans to provide 90-minute delivery for grocery and home products today, as the Walmart-owned online retailer engages in...
Flipkart acquires Walmart India; ramps up competition in the segment
Indian e-commerce player Flipkart Group has acquired a 100% stake in its parent company Walmart's Indian unit, which operates the cash-and-carry Best Price business,...
