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Walmart Buys Out Tiger Global’s Stake in Flipkart for $1.4 Billion: Report
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.
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Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report
Tiger Global and Accel are reportedly in talks to sell their remaining stake in Flipkart to Walmart for about $1.5 billion (roughly Rs. 12,235 crore). Meanwhile, the stake collectively amounts to about 5 percent and would raise Walmart's ownership in Flipkart, according to a report.
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Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
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Rolls-Royce Completes Test Of The World's Fastest All-Electric Plane
The team has been developing the technology while adhering to the UK Government's social distancing and other health guidelines and the systems will soon be integrated into our 'Spirit of Innovation' plane.
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Indian Startups Get Creative as Crisis Fuels Funding Crunch
India's coronavirus lockdown of 1.3 billion people and an exodus of venture capital are testing a startup community that has quickly become one of the world's biggest, raising a record $14.9 billion last year.
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BlackBuck B2B Logistics Startup Raises $25 Million
The company had received $5 million funding earlier this year from Accel Partners and Flipkart.
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ManageMySpa Secures $6 Million From Accel Partners in Series A Funding
ManageMySpa has seen a double-fold growth year-on-year since inception, and intends to use the funds to accelerate its sales and marketing efforts.
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UrbanClap Raises $10 Million in Funding, Plans to Scale Operations
The company also said it plans to strengthen its technology and grow its employee base to over 500.
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India Learns to 'Fail Fast' as Tech Startup Culture Takes Root
Taking failure as a norm is a major cultural shift in India, where high-achieving children are typically expected to take steady jobs at recognised firms.
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Slack Raises $160 Million Valuing It at $2.8 Billion
New investors include Horizons Ventures, DST Global, Index Ventures, Spark Capital Growth, and Institutional Venture Partners.
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Ola Raises $400 Million in Funding, Aims to Expand to 200 Cities This Year
The Series E round of funding was led by Russian billionaire Yuri Milner's DST Global.
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Ola Raises About Rs. 1,954 Crores in Fresh Funding
Ola received investments DST Global, Accel Partners, Tiger Global and Steadview Capital in the latest round of funding.
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Accel Launches $305 Million Indian Startup Fund
"While there is more competition and more startups, some of the better companies have begun to accelerate a lot faster and get a lot bigger."
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Snapdeal Drums Up Custom in Slumdog's Dharavi
In Dharavi, Snapdeal's storefront is in an 8 foot by 10 foot concrete room it shares with FINO PayTech.
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With Funky Name but Big Demand, BlaBlaCar Eyes Global Ride-Share Push
The inter-city ride-sharing service's name is a play on how much chatter drivers and passengers can put up with on long-haul journeys.
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Walmart Buys Out Tiger Global’s Stake in Flipkart for $1.4 Billion: Report
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing a letter by the hedge-fund to its investors.
-
Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report
Tiger Global and Accel are reportedly in talks to sell their remaining stake in Flipkart to Walmart for about $1.5 billion (roughly Rs. 12,235 crore). Meanwhile, the stake collectively amounts to about 5 percent and would raise Walmart's ownership in Flipkart, according to a report.
-
Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon
Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.
-
Rolls-Royce Completes Test Of The World's Fastest All-Electric Plane
The team has been developing the technology while adhering to the UK Government's social distancing and other health guidelines and the systems will soon be integrated into our 'Spirit of Innovation' plane.
-
Indian Startups Get Creative as Crisis Fuels Funding Crunch
India's coronavirus lockdown of 1.3 billion people and an exodus of venture capital are testing a startup community that has quickly become one of the world's biggest, raising a record $14.9 billion last year.
-
BlackBuck B2B Logistics Startup Raises $25 Million
The company had received $5 million funding earlier this year from Accel Partners and Flipkart.
-
ManageMySpa Secures $6 Million From Accel Partners in Series A Funding
ManageMySpa has seen a double-fold growth year-on-year since inception, and intends to use the funds to accelerate its sales and marketing efforts.
-
UrbanClap Raises $10 Million in Funding, Plans to Scale Operations
The company also said it plans to strengthen its technology and grow its employee base to over 500.
-
India Learns to 'Fail Fast' as Tech Startup Culture Takes Root
Taking failure as a norm is a major cultural shift in India, where high-achieving children are typically expected to take steady jobs at recognised firms.
-
Slack Raises $160 Million Valuing It at $2.8 Billion
New investors include Horizons Ventures, DST Global, Index Ventures, Spark Capital Growth, and Institutional Venture Partners.
-
Ola Raises $400 Million in Funding, Aims to Expand to 200 Cities This Year
The Series E round of funding was led by Russian billionaire Yuri Milner's DST Global.
-
Ola Raises About Rs. 1,954 Crores in Fresh Funding
Ola received investments DST Global, Accel Partners, Tiger Global and Steadview Capital in the latest round of funding.
-
Accel Launches $305 Million Indian Startup Fund
"While there is more competition and more startups, some of the better companies have begun to accelerate a lot faster and get a lot bigger."
-
Snapdeal Drums Up Custom in Slumdog's Dharavi
In Dharavi, Snapdeal's storefront is in an 8 foot by 10 foot concrete room it shares with FINO PayTech.
-
With Funky Name but Big Demand, BlaBlaCar Eyes Global Ride-Share Push
The inter-city ride-sharing service's name is a play on how much chatter drivers and passengers can put up with on long-haul journeys.
