Flipkart Funding
- All
- News
- Videos
-
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...
-
Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
-
Google To Buy Stake In Flipkart In Walmart-Led Funding Round
Flipkart today announced to add Google as a minority investor in the e-commerce platform as part of the latest funding round led by Walmart.
-
Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
-
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.
-
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) 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, ...
-
PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
-
Assam Floods: Flipkart, Walmart Contribute Over Rs. 2 Crore Towards Relief Work
Flipkart and Walmart will contribute over Rs. 2 crore towards flood relief work in Assam. The funds from the Walmart Foundation and Flipkart Foundation will be used to help humanitarian organisation 'Doctors For You' working to provide relief kits with essential food items, medicines and hygiene-care products to people in the region.
-
Flipkart, Walmart Invest $145 Million in Fresh Produce Supply Chain Brand Ninjacart
Flipkart India and Walmart said they have invested $145 million (roughly Rs. 1,100 crore) in fresh produce supply chain company Ninjacart.
-
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.
-
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.
-
Amazon Commits $250 Million for India's Small Businesses as Traders Question Practices
Amazon on Thursday announced a $250 million (roughly Rs. 1,860 crores) venture fund for India, focused on bringing the country's small businesses online, as the company comes under fire from local retailers.
-
Flipkart Announces Partial Spin-Off of PhonePe to Help Fuel Long-Term Growth Plans
Flipkart announced a partial spin-off of PhonePe in a move that will help the digital payments platform to access dedicated, long-term capital to fund its growth ambitions.
-
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.
-
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...
-
Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion
Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.
-
Google To Buy Stake In Flipkart In Walmart-Led Funding Round
Flipkart today announced to add Google as a minority investor in the e-commerce platform as part of the latest funding round led by Walmart.
-
Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
-
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.
-
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) 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, ...
-
PhonePe Announces Shift of Domicile From Singapore to India
PhonePe, a part of the Walmart-controlled Flipkart group, announced that it has completed the process of moving its domicile from Singapore to India. The development comes ahead of its plans to launch an initial public offering (IPO) for expanding its financial services portfolio and deepening its core United Payments Interface (UPI)-based payments...
-
Assam Floods: Flipkart, Walmart Contribute Over Rs. 2 Crore Towards Relief Work
Flipkart and Walmart will contribute over Rs. 2 crore towards flood relief work in Assam. The funds from the Walmart Foundation and Flipkart Foundation will be used to help humanitarian organisation 'Doctors For You' working to provide relief kits with essential food items, medicines and hygiene-care products to people in the region.
-
Flipkart, Walmart Invest $145 Million in Fresh Produce Supply Chain Brand Ninjacart
Flipkart India and Walmart said they have invested $145 million (roughly Rs. 1,100 crore) in fresh produce supply chain company Ninjacart.
-
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.
-
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.
-
Amazon Commits $250 Million for India's Small Businesses as Traders Question Practices
Amazon on Thursday announced a $250 million (roughly Rs. 1,860 crores) venture fund for India, focused on bringing the country's small businesses online, as the company comes under fire from local retailers.
-
Flipkart Announces Partial Spin-Off of PhonePe to Help Fuel Long-Term Growth Plans
Flipkart announced a partial spin-off of PhonePe in a move that will help the digital payments platform to access dedicated, long-term capital to fund its growth ambitions.
-
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.
