Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s betting on India at […]
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Back to news homeDeal Dive: Most secondary sales in venture won’t look like Tiger’s Flipkart deal
A few months ago, it looked like all the pieces had fallen into place for a hot secondaries summer: Buyers were coming back to market, some companies and sellers were […]
Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake
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 […]
India’s Flipkart begins customer lending in bid to boost sales
Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signalled a slowdown in India. […]
Amazon launches freight service Air in India
Amazon has launched Amazon Air, its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed […]
Flipkart and PhonePe complete separation
Indian e-commerce giant Flipkart no longer owns a stake in payments firm PhonePe. The two said on Friday that they have completed a full ownership separation of PhonePe and shareholders […]
Arzooo raises $70 million to bring ‘best of e-commerce’ to physical stores in India
Arzooo, an Indian startup that is attempting to bring the “best of e-commerce” to physical stores, has raised $70 million in a new financing round as it looks to scale […]
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 […]
Amazon acquires India’s GlowRoad in social commerce push
Amazon may be attempting to take on Shopify in the west, but in India, it is gearing up to explore social commerce. Amazon has acquired the Indian social commerce startup […]
Flipkart founder’s Navi files for $440 million IPO
Sachin Bansal’s Navi Technologies, a fintech startup that offers customers insurance and loan products, has filed for a $440 million IPO as the 40-year-old entrepreneur who made his money by […]