Flipkart Aims for IPO in Fourth Quarter of 2021
Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is making progress toward an initial public offering (IPO) as soon as the fourth quarter of...
Tag : Flipkart
Flipkart Partners Mahindra Logistics to Accelerate EV Deployment
Flipkart has announced its partnership with Mahindra Logistics Limited (MLL), to help fast track deployment of electric vehicles across its logistics fleet in the country....
Pine Labs Eyes US IPO in 2022
Pine Labs has started working towards launching an initial public offering (IPO) by March 2022 in the US, sources aware of the matter said. Pine...
Amazon Said to Call on India Not to Alter E-Commerce Investment Rules
Amazon asked the Indian government on Thursday not to change e-commerce foreign investment rules until investigations into its business practices had been concluded, two sources...
Moglix in Talks to Raise $1 Billion Lead By Falcon Edge
Industrial goods marketplace Moglix is in talks to raise $70-100 million in a round of funding which will triple its valuation to a billion dollars-...
India’s Move to Deter Digital Monopolies to Hit Amazon, Walmart
India’s draft e-commerce rules to prevent the creation of “digital monopolies” and aid local startups may raise costs and stymie expansion plans at companies such...
Flipkart to Cover Vaccination Cost of Employees and Their Families
Walmart-backed Flipkart joins the league of conglomerates like Reliance Industries and IT firms such as Mindtree to cover COVID-19 vaccination costs of its employees and...
Flipkart, Mastercard, Nabard, and PayU To Own 30 Per Cent in Tata NUE
Walmart-owned Flipkart, Mastercard, PayU, and National Bank for Agriculture and Rural Development (Nabard) are planning to buy a 30 percent stake in Tata-promoted Ferbine, which...
Flipkart in Talks to Acquire Cleartrip
Ecommerce company Flipkart is in discussions to purchase a controlling stake in online travel aggregator Cleartrip and bolster its presence in an intensely competitive segment,...
Flipkart to Focus on Subscription Programme, Says CEO
Flipkart will expand its subscription programme Flipkart Plus, strengthen its value proposition in the grocery segment and invest in technology and infrastructure in 2021, Chief Executive...