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E-commerce services provider, ANS Commerce was acquired by Flipkart at around Rs 250 crore last year. The acquisition had come on the back of five-fold growth in its scale in …
ANS Commerce’s scale soars 5X in last two fiscals Read More
Accel Partners and Tiger Global, one of the investors in Walmart-owned e-commerce giant Flipkart, are reportedly looking to sell their remaining stake in Flipkart to the parent company for about …
Accel, Tiger Global looking to sell stake in Flipkart for $1.5B, says report Read More
PhonePe’s valuation has more than doubled to over $12 billion in a new funding round as the Indian fintech giant readies for life without parent firm Flipkart. The Bengaluru-headquartered startup …
India’s PhonePe tops $12 billion valuation in new funding Read More
Following the partial separation announced in December 2020, e-commerce marketplace Flipkart and digital payments platform PhonePe have now been established as separate entities. With this move, PhonePe becomes a fully …
Flipkart completes full separation of PhonePe Read More
Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive …
Amazon quietly opens its logistics network to third-party merchants in India Read More
Logistics firm Shadowfax has been growing at a rapid clip in the last two fiscal years and the company’s scale neared Rs 1,000 crore in FY22 from Rs 323 crore …
Shadowfax revenue nears Rs 1,000 Cr mark in FY22 Read More
Homegrown e-commerce platform Flipkart today said it has partnered with eDAO, a Polygon-incubated organization that designs and launches global art, media and entertainment IPs at scale into the world of …
Flipkart partners with eDAO to launch a virtual shopping experience in the Metaverse Read More