Flipkart Fund Raising
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Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
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Zypp Electric Raises $25 Million Funding, Aims to Expand to Mumbai, Chennai by 2025
Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore)Â in a series B funding round led by Taiwanese battery-swapping service provider Gogoro, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size. The startup, which provides EVs for last-mile delivery for online stores, plans on using t...
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Walmart to Raise Up to $3 Billion for Flipkart at $40 Billion Valuation to Challenge Rivals: Report
Walmart is reportedly considering raising up to $3 billion (roughly Rs. 25,000 crore) in funding for Flipkart, as the firm looks to expand its product range in the country and challenge rivals. The company is yet to yet to formally mandate investment bankers to look for strategic partners and large global investors for the latest fundraising plan, ...
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Walmart To Raise $2-$3 Billion For Flipkart At Over $40 Billion Valuation: Report
Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion, Mint reported.
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PhonePe Considers Public Offer, Seeks $8-10 Billion Valuation
PhonePe, part of Walmart Inc-controlled Flipkart group, is considering to raise funds through an IPO for expanding its financial services portfolio
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Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
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Flipkart Owned by Walmart Raises $3.6 Billion, SoftBank Returns as Investor
Flipkart on Monday announced that it has raised $3.6 billion (roughly Rs. 26, 830 crores) in the latest round of funding with Softbank returning as an investor in the Bengaluru-based company.
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Flipkart Raises $3.6 Billion, Now Valued At $37.6 Billion
The funding was led by financial investors including GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund and Walmart
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Walmart's Flipkart Raises $3.6 Billion Amid Talk Of Going Public In US
The funding was led by investors GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart.
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Flipkart In Talks To Raise $3 Billion From Ex-Stakeholder SoftBank, Others
Flipkart plans to raise the additional capital ahead of an initial public offering, now planned for next year, the people said.
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Flipkart Said to Eye Overseas IPO as Early as 2021
Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
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Flipkart To Acquire Walmart India's Wholesale Business
The announcement comes a week after Flipkart said that it had raised $1.2 billion in funding from a Walmart-led investor group.
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Flipkart Raises $1.2 Billion in Fresh Funding From Walmart, Existing Investors
Flipkart on Tuesday closed an additional $1.2 billion (roughly Rs. 9,048 crores) equity round led by its majority owner and US e-commerce giant Walmart.
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Flipkart Raises $1.2 Billion From Walmart, Other Investors In Fresh Funding
The investment will be received in two tranches over the remainder of the fiscal year
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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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Home-Grown Startup Lumio Announces Foray Into India’s 4K Smart TV Market Backed by Flipkart, Xiaomi Officials
Lumio, a home-grown consumer technology startup from Circuit House Technologies founded by former Xiaomi and Flipkart officials has announced its foray into India’s home entertainment space. The brand says it will soon introduce its range of 4K smart TVs in collaboration with Google, Dixon Technologies, and Amazon India with the aim of changing c...
-
Zypp Electric Raises $25 Million Funding, Aims to Expand to Mumbai, Chennai by 2025
Zypp Electric said on Wednesday it has raised $25 million (nearly 206 crore)Â in a series B funding round led by Taiwanese battery-swapping service provider Gogoro, as the Indian electric vehicle startup looks to expand to new cities and boost its fleet size. The startup, which provides EVs for last-mile delivery for online stores, plans on using t...
-
Walmart to Raise Up to $3 Billion for Flipkart at $40 Billion Valuation to Challenge Rivals: Report
Walmart is reportedly considering raising up to $3 billion (roughly Rs. 25,000 crore) in funding for Flipkart, as the firm looks to expand its product range in the country and challenge rivals. The company is yet to yet to formally mandate investment bankers to look for strategic partners and large global investors for the latest fundraising plan, ...
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Walmart To Raise $2-$3 Billion For Flipkart At Over $40 Billion Valuation: Report
Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion, Mint reported.
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PhonePe Considers Public Offer, Seeks $8-10 Billion Valuation
PhonePe, part of Walmart Inc-controlled Flipkart group, is considering to raise funds through an IPO for expanding its financial services portfolio
-
Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO
Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.
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Flipkart Owned by Walmart Raises $3.6 Billion, SoftBank Returns as Investor
Flipkart on Monday announced that it has raised $3.6 billion (roughly Rs. 26, 830 crores) in the latest round of funding with Softbank returning as an investor in the Bengaluru-based company.
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Flipkart Raises $3.6 Billion, Now Valued At $37.6 Billion
The funding was led by financial investors including GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund and Walmart
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Walmart's Flipkart Raises $3.6 Billion Amid Talk Of Going Public In US
The funding was led by investors GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart.
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Flipkart In Talks To Raise $3 Billion From Ex-Stakeholder SoftBank, Others
Flipkart plans to raise the additional capital ahead of an initial public offering, now planned for next year, the people said.
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Flipkart Said to Eye Overseas IPO as Early as 2021
Walmart-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could value the firm up to $50 billion, sources familiar with the company's plans told Reuters.
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Flipkart To Acquire Walmart India's Wholesale Business
The announcement comes a week after Flipkart said that it had raised $1.2 billion in funding from a Walmart-led investor group.
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Flipkart Raises $1.2 Billion in Fresh Funding From Walmart, Existing Investors
Flipkart on Tuesday closed an additional $1.2 billion (roughly Rs. 9,048 crores) equity round led by its majority owner and US e-commerce giant Walmart.
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Flipkart Raises $1.2 Billion From Walmart, Other Investors In Fresh Funding
The investment will be received in two tranches over the remainder of the fiscal year
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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.
