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Walmart has spent $3.5 billion to acquire Flipkart’s remaining stakes from its backers Accel Partners, Tiger Global and the e-commerce marketplace’s co-founder Binny Bansal. The world’s largest retailer has disclosed …
Walmart coughed up $3.5 Bn to acquire Tiger, Accel and Binny Bansal’s stake in Flipkart Read More
Walmart has acquired Tiger Global’s stakes in Flipkart for $1.4 billion. WIth this move, Walmart has expanded its stake in the Bengaluru-based e-commerce firm. Following the transaction, Tiger Global reportedly …
Walmart acquires Tiger Global’s remaining stakes in Flipkart for $1.4 Bn Read More
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 …
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake Read More
Myntra, the e-commerce platform owned by Flipkart, is currently undergoing an internal restructuring that will lead to approximately 50 employees being laid off. The roles impacted by the restructuring will …
Myntra to lay off around 50 employees as part of restructuring Read More
After a record number of employee stock (ESOP) buybacks, liquidity and payout events over the last few years, Indian startups saw a sharp decline in this trend in the first …
Indian startup employees made $1.45 Bn through ESOPs since 2020 Read More
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 …
Coupang says no plans to enter India Read More
Flipkart India has launched the ‘Flipkart Samarth Krishi’ program with the aim of providing India’s farming communities and Farmer Producer Organisations (FPOs) with national market access and more negotiation power …
Flipkart launches ‘Samarth Krishi’ program to support farmers, FPOs Read More