Flipkart Appoints Dan Bartlett to Board
Flipkart Group has appointed Dan Bartlett, Walmart’s executive vice president of corporate affairs, to its board of directors, effective 21st November 2024. Dan Bartlett, a...
Tag : Walmart
PhonePe Lands Another $100 Million from General Atlantic in Ongoing $1Billion Funding Round
PhonePe has raised an additional $100 million at a $12 billion valuation from General Atlantic and its co-investors, a fresh round of its ongoing $1...
Razorpay to Shift Parent Firm to India from US Amid IPO Plans
On Tuesday, Y Combinator and Sequoia-backed fintech unicorn Razorpay announced that it is moving its parent entity to India from the US amid plans to...
PhonePe Raises Another $100 Million from General Atlantic, Others
Digital payments and financial services startup PhonePe have raised another $100 million from General Atlantic and its co-investors at a pre-money valuation of $12 billion...
PhonePe Cancels Deal with ZestMoney Over Due Diligence Concerns
Walmart-backed PhonePe has cancelled a deal with ZestMoney over due diligence concerns. It would be a massive setback for the buy-now, pay-later platform, whose backers...
PhonePe Raises Another $200 Million in Ongoing Funding from its Biggest Shareholder Walmart
Digital payments and financial services unicorn PhonePe have raised another $200 million in an ongoing $1 billion funding round from its largest shareholder, Walmart, at...
PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
Flipkart Internet Gets $90 Million in Funding from Singapore Parent
Flipkart Internet, the marketplace arm of e-commerce firm Flipkart, has secured a fresh capital injection of around $90 million from its two Singapore-based entities, Flipkart...
Flipkart to Conduct $700 Million ESOP Buyback Amid PhonePe Funding Round
Flipkart may conduct $700 million in employee share buybacks as part of PhonePe’s new funding round. PhonePe is expected to raise between $1.5 billion and...
Walmart to Raise $3 BN for Flipkart, Valuing $40 BN
According to a news report, Walmart is planning to raise USD 2-3 billion for its subsidiary Flipkart at an estimated more than USD 40 billion...