Swiggy CEO Sriharsha Majety says the quick commerce company will avoid India's spending war, as Amazon and Flipkart shrink delivery times and expand discounts
Swiggy Ltd., one of India's top quick commerce firms, plans to restrain spending and focus on profitability while deeper-pocketed rivals Flipkart …
Bengaluru-based ShopOS, whose AI agents help automate content creation, marketing, and site management for e-commerce brands, raised $20M from 3State Ventures
The Flipkart co-founder is betting on a new AI-native OS for brands, built by his former team at Scapic and Flipkart Labs
Walmart's Flipkart secures a lending license from the RBI, letting the e-commerce company offer loans directly to Indian customers and sellers on its platform
Walmart's (WMT.N) Flipkart has secured a lending licence from the Indian central bank and banking regulator …
Flipkart plans to shift its holding company from Singapore to India as Walmart aims to take it public; Flipkart moved the entity to Singapore in 2011
Kashish Tandon / Reuters :
Source: Flipkart hires Kabeer Biswas, co-founder of Dunzo, an Indian delivery startup that had raised $500M+, to lead its quick commerce unit, Flipkart Minutes
Manish Singh / TechCrunch :
Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe
The Economic Times :
Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023
Manish Singh / TechCrunch :
Flipkart co-founder Binny Bansal steps down from the company's board, after selling his entire stake in recent years; Flipkart was acquired by Walmart in 2018
Manish Singh / TechCrunch :
Filing: Walmart spent $3.5B in H1 2023 to fix PhonePe shareholder liabilities and buy Flipkart shares from Tiger Global and others, growing its stake to ~80%
Filing: Walmart spent $3.5B in H1 2023 to fix PhonePe shareholder liabilities and buy Flipkart shares from Tiger Global and others, growing its stake to ~80%
Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities …