Flipkart

Amazon makes offline retail push in India

Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market. The U.S. e-commerce giant is bu

GreyOrange raises $140M to develop fully-automated robotics for warehouses

GreyOrange, a Singapore-headquartered firm that develops robots for warehouses, has pulled in a $140 million Series C funding round as it targets more expansion and growth. The company was started in

Udaan, the e-commerce startup led by three former Flipkart executives, raises $225M

The trio announced this morning that their B2B e-commerce startup Udaan had raised $225 million in Series C funding. The cash infusion, according to Indian media reports, makes Udaan the fastest-ever

Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal

Xiaomi has continued its investment in India after it led a $13.4 million round for fintech startup ZestMoney. The newly-public Chinese firm previously said it would invest up to $1 billion in India

What I learned from Flipkart

Two weeks ago, Walmart concluded its investments to acquire a majority stake in Flipkart. This is one of the largest transactions in e-commerce and in the internet space globally, with Walmart deplo

Walmart completes its $16 billion acquisition of Flipkart

Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian e-commerce company. The deal was first revealed back

Global unicorn exits hit multi-year high in 2018

Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year.

India’s Hansel raises $4M to bring its app development platform to the US

Hansel, an India-based startup that enables more agile product development inside companies, has pulled in $4 million as it seeks to expand its business to the U.S.. The startup was founded in 2015 an

EBay paid $573M to buy Japanese e-commerce platform Qoo10, filing reveals

EBay is a very distant second behind Amazon when it comes to e-commerce sales in the U.S., but abroad — and in particular in Asia — it is willing to invest to grow its footprint in a targe

Update: Walmart acquiring Shopify is no longer a laughable idea

As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead.

Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of d

CapitalG leads $21.5M investment in Aye Finance, its first fintech deal in India

India is a major part of Google’s global focus. The company launched a new product in India last week as its program to bring free WiFi to the public registered its 400th railway station. Now,

Walmart’s deal to buy Flipkart came with an interesting caveat

Retail giant Walmart, which earlier this week announced that it’s paying $16 billion for a 77 percent stake in the Indian e-commerce company, Flipkart Group, could have to take Flipkart public w

Equity podcast: Robinhood raises, Flipkart exits and MoviePass is running out of cash

Hello and welcome back to Equity, TechCrunch’s venture capital-themed podcast where we unpack the numbers behind the headlines. This week Matthew Lynley, Connie Loizos and myself were joined by

Tiger Global Management is killing it right now

It took some time, but Tiger Global Management is starting to wring some serious paydays out of its tech investments. In one of its biggest wins to date, the secretive, 16-year-old, New York-based hed

Walmart says Flipkart is ‘a key center of learning’ for its entire global business

Walmart has opened up on the thinking behind its $16 billion majority investment in Flipkart, and perhaps the most interesting facet is that the retailer plans to export ideas from the Indian e-comm

eBay plans to relaunch eBay India after it makes $1.1B selling its Flipkart stake to Walmart

Last year, eBay appeared to throw in the towel in India after it sold its business in the country to Flipkart and took a minority stake in the country’s e-commerce leader. Now, eBay is making a

After buying Flipkart, Walmart seeks allies to join its fight against Amazon in India

The rumors are true: Walmart has bought a controlling stake in India’s Flipkart. This isn’t a straight-up acquisition, however, because, rather than going it alone, the U.S. retailer is e

Walmart confirms $16B Flipkart investment, giving it 77% in India’s e-commerce leader

Walmart, the world’s largest retailer, has finally confirmed that it is making a $16 billion investment into Flipkart for a 77 percent share of the online retailer. Tencent, Tiger Global, Micros

Whoops: SoftBank CEO reveals Walmart has acquired Flipkart

Here’s one way to make sure Amazon doesn’t get control of Flipkart in India by outbidding you for a majority stake: buy it outright. Today during SoftBank’s earnings presentation, it
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