Flipkart

Walmart’s Flipkart to cover insurance for all sellers in India and waive additional fees

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to mainta

India’s ElasticRun raises $75 million to grow its commerce platform for neighborhood stores

A startup that is helping more than 125,000 neighborhood stores in India secure working capital, inventory from top brands and work with e-commerce firms to boost revenues said on Thursday it has rais

Flipkart to acquire online travel firm Cleartrip

Flipkart said on Thursday it has agreed to acquire online travel and hotel ticketing firm Cleartrip as the Walmart-owned e-commerce firm looks to expand its offerings in the world’s second-large

Tiger Global leads $100 million investment in Indian social commerce DealShare

Tiger Global has invested in DealShare, a startup in India that has built an e-commerce platform for middle- and lower-income groups of consumers, just three months after the Indian firm concluded its

Walmart’s Flipkart to deploy over 25,000 electric vehicles in India by 2030

India’s Flipkart said on Wednesday it will deploy more than 25,000 electric vehicles in its supply chain by 2030 as the Walmart-owned e-commerce giant looks to achieve a 100% transition to elect

Tata Group reaches agreement to buy majority stake in BigBasket

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, two sources familiar with the matter told TechCrunch. The salt-to-software gi

India lifts restrictions on mapping and surveying to help local firms

India said on Monday local firms will no longer need a license or other permission to collect, generate, store and share geospatial data of the country, bringing sweeping changes to its earlier stance

Ula raises $20 million to expand its e-commerce marketplace in Indonesia

Tokopedia, Lazada, Shopee, and other firms created an e-commerce market in Indonesia in the past decade, making it possible for consumers to shop online in the island nation. But as is true in other A

Forget winning, can Amazon survive in India?

During a visit to India in 2014, Amazon chief executive Jeff Bezos made a splashy announcement: His firm was investing $2 billion in the South Asian nation, just a year after beginning operations in t

Flipkart doubles down on rewards program, partners with 5,000 retail outlets in India

Flipkart on Monday launched SuperCoin Pay that its customers will be able to use across thousands of retail stores across the country as Walmart-owned e-commerce giant bets on its loyalty program to w

Exclusive: Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partne

Indian startups raised $9.3 billion in 2020

The coronavirus pandemic — and a handful of other factors — slowed dealmaking for startups in India this year. Compared to their record $14.5 billion fundraise last year, Indian startups a

From India’s richest man to Amazon and 100s of startups: The great rush to win neighborhood stores

After spending more than a decade disrupting the neighborhood stores in the U.S. and several other markets, Amazon and Walmart are employing an unusual strategy in India to face off this competitor: F

Nokia launches a laptop in India

Nokia, the 155-year-old iconic firm that has manufactured a range of items from rubber to cables to phones and telecommunications equipment, is ready to expand to a new category. The Finnish firm on M

DealShare raises $21 million to expand its e-commerce platform to 100 Indian cities and towns

DealShare, a startup in India that has built an e-commerce platform for middle and lower-income groups of consumers, said on Tuesday it has raised $21 million in a new financing round as it looks to e

PhonePe raises $700 million, becomes a separate entity

PhonePe, the crown jewel in Flipkart’s acquisition by Walmart, is “partially” spinning off, the Bangalore-based financial services firm said on Thursday. To kick off its new journey, the

Reliance Retail buys Urban Ladder for $24.4 million

Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to fight Amazon and Flip

Indian logistics startup Xpressbees raises $110 million

Walmart’s PhonePe zips past Google Pay in India as UPI tops 2B monthly transactions

UPI, a four-year-old payments infrastructure built by India’s largest banks, surpassed 2 billion transactions last month, exactly a year after hitting the 1 billion monthly transactions milestone. D

India’s WareIQ raises $1.65M for its Amazon-like delivery platform for sellers

Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world’s second largest internet market.
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