FUNDING PhonePe Raises $700 million at $5.5 billion valuation December 3rd, 2020 Flipkart separated its payment unit PhonePe, as the digital payment firm raises $700 million in funding valued at USD 5.5 billion.
INDIA Indian eCommerce platforms reported USD 8.3 bn GMV during festive Sales November 28th, 2020 India's e-commerce companies reported USD 8.3 billion in gross sales during the festive sale season.
ACQUISITION Flipkart acquires 7.8% stake in Aditya Birla Fashion for $204 Million October 24th, 2020 Flipkart acquire a 7.8 percent stake in Aditya Birla Fashion and Retail for approx $204 million as it taps into the offline retail.
INDIA Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August July 23rd, 2020 Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India.
FUNDING E-commerce Firm Flipkart Invests $35 Million in Arvind Fashion July 9th, 2020 Flipkart Group invested $35 million in Arvind Fashions to lead in clothing brands in Indian eCommerce space.
FUNDING Logistics Platform Shadowfax Raises $60 Million from Flipkart & Others December 9th, 2019 Walmart owned Flipkart has led a $60 million Series D investment round in logistics platform Shadowfax.
BUSINESS Flipkart Registered $540 Million Loss in 2018-19 October 29th, 2019 Flipkart India registered a higher loss of $540 Million during 2018-19 as compared to the previous financial year.
News Flipkart Launched offline Furniture Store in Bengaluru July 30th, 2019 Flipkart forays into the offline space with its decision to set up the first Furniture Experience Centre in Bengaluru.
Story How Reliance will beat Amazon and Flipkart in E-commerce race May 22nd, 2019 Reliance Retail set to disrupt the Indian online e-commerce through its upcoming launch in Online space.
News Amazon and Flipkart pull down 400k products after a new Indian Law February 1st, 2019 Amazon and Flipkart pull down 100k products
Entrepreneurs Talk Asia's Richest Man Mukesh Ambani Entry in E-commerce Space Will Reduce the Digital Space: Infosys Former CFO January 19th, 2019 Reliance E-commerce Entry
FUNDING Indian Startups raise $38.3 bn Funding in 2018: Report January 7th, 2019 Indian startups raise $38.3 bn funding
