Even as quick commerce is slowly fading in many markets and several heavily funded startups have folded shop in the past two years, India is emerging as a striking outlier where the model — of d
The Indian e-commerce giant Flipkart is planning to enter the quick-commerce business, aimed at providing customers with the convenience of receiving their orders instantly after making their purchase
Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart; Reliance’s Aj
Indian e-commerce giant Flipkart has held discussions in recent weeks about potentially acquiring Dunzo, the hyperlocal delivery startup backed by Reliance Retail, three sources familiar with the matt
Flipkart co-founder Binny Bansal has resigned from the e-commerce group’s board, the two said Saturday. Sachin Bansal, the Bengaluru-headquartered startup’s other co-founder, left the boar
India’s Meesho is rapidly gaining user traction, challenging entrenched leaders Flipkart and Amazon. The Bengaluru-headquartered startup, which operates a social commerce platform, is currently
The investment arm of the U.K. retail bank M&G has led a funding of $340 million into Udaan, a business-to-business e-commerce startup, in one of the largest financing rounds secured by an Indian
Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s bett
Tiger Global sold its Flipkart stake at a valuation 7% below the startup's last primary round. This outcome isn't likely to happen again.
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took plac
Flipkart commenced a $700 million “one-time discretionary” cash payout to employees on Friday, the single-largest such compensation in the Indian startup ecosystem. The Walmart-backed Beng
Updated at 10.48AM IST, July 7: Flipkart confirmed on Friday that it has partnered with Axis Bank to offer lending to customers. “We are delighted to now introduce a Personal Loan service in par
Coupang doesn’t plan to enter the Indian market, the company said, refuting a local media report that claimed that the South Korean e-commerce firm had expressed interest in entering the South A
The Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race for the country’s $150 billion e-commerce market, analysts at Bernstein projected in a scath
General Atlantic has poured another $100 million into PhonePe, four months after leading a $350 million investment in the Indian fintech startup that has so far raised $850 million in an ongoing finan
Amazon omitted any reference to India in Thursday’s earnings call and release, a notable change for the e-commerce giant that has consistently highlighted rapid growth and bullish outlook in the
India will use the “full force of the government” to promote the adoption of its open e-commerce network, cautioning e-commerce giants failing to join the initiative within the stipulated time fra
In a move reminiscent of its successful early bet on the government-backed UPI network seven years ago, PhonePe, India’s leading mobile payments app, is now setting its sights on the e-commerce
ONDC, the Indian government-backed initiative that is attempting to democratize e-commerce, has now set its eyes on the mobility industry.
India-based startup Flash wants to reduce the spam you get by providing an email ID that you can use for all e-commerce needs, and it will even reward you to use the service.
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