Flipkart moves its headquarters back to India ahead of IPO
Flipkart’s headquarters shift comes as the Walmart-backed e-commerce giant reaches about $30 billion in GMV.
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake, and selling up to 45.9 million shares.
Tiger Global and Microsoft are offering up their full stakes in the company, while Walmart is choosing to retain its majority stake and selling up to 45.9 million shares.
Tiger Global’s case in India is being closely watched by investors.
Meesho heads for India’s first big e-commerce IPO next week.
India is restructuring its gig economy with a new labor law, but much more is needed before gig workers see real benefits.
The partnership aims to issue about 2 million fixed-deposit-backed credit cards in the next 12 months.
Super.money, the fintech arm of Flipkart, is looking to raise a round of funding at a $1 billion valuation, after securing $50 million from Flipkart to date.