Walmart-owned Flipkart, Amazon are squeezing India’s quick commerce startups
Flipkart’s ongoing expansion beyond major cities and heavy discounting is raising risks for India’s quick commerce startups, analysts say.
Flipkart
Tiger Global, Microsoft to fully exit Walmart-backed PhonePe via its IPO
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 to fully exit Walmart-backed PhonePe via its IPO
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 loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook
Tiger Global’s case in India is being closely watched by investors.
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho heads for India’s first big e-commerce IPO next week.
India’s gig workers win legal status, but access to social security remains elusive
India is restructuring its gig economy with a new labor law, but much more is needed before gig workers see real benefits.
Flipkart’s Super.money teams up with Kotak811 to make India’s free UPI payments pay
The partnership aims to issue about 2 million fixed-deposit-backed credit cards in the next 12 months.
Flipkart’s Super.money quietly partners with troubled Juspay as it expands its reach
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.