Flipkart Ipo
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India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the countrys top deal advisers to internet companies.
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Flipkart, PhonePe IPO May Take Couple of Years, Says Walmart Executive
Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business.
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Meesho Posts First-Ever Profit, Plans IPO in 12 to 18 Months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...
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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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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...
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Flipkart Raises its IPO Valuation Target to $60-70 Billion for U.S Listing in 2023
Flipkart has raised its IPO Valuation target from $50 billion (roughly Rs. 380002.75 crore) to $60-70 billion (roughly Rs. 456051.3 crore to Rs. 532003.85 crore). The e-commerce giant is focusing on its two new businesses - online healthcare and travel bookings, to increase valuations.
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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 Said to Aim for IPO in Fourth Quarter of 2021
Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.
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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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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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Oppo Find X and Moto E5 Plus India Launch, Xiaomi IPO, WhatsApp 'Forwarded', and More News From This Week
Oppo Find X and Moto E5 Plus price in India revealed, WhatsApp has started marking forwarded messages, Jio Phone latest, Xiaomi finally made its debut on the stock market, and more news this week.
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Flipkart IPO Could Be in Four Years, Walmart Says in Regulatory Filing
The Flipkart IPO should be done at no less a valuation than that at which Walmart invested in the Indian firm, the filing said.
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Flipkart Reshuffle Signals Shift to Margins Over Volume
Flipkart and Tiger Global both declined to comment on the reshuffle and its implications.
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Infibeam's Rs. 450 Crore IPO Opens on Monday
The shopping portal will be the first Indian e-commerce firm to tap the IPO route.
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Infibeam to Set Up Data Centre at Gandhinagar
Infibeam said the new centre would provide advantages including "underlying control over hardware, increased availability, and mitigation of geo-specific risk."
-
India Tech Startups Worth $100 Billion Seen Seeking IPOs by 2027
More than three dozen tech startups with a combined valuation of $100 billion are set to go public by 2027 in what would mark a rebound in stock sales in India, according to one of the countrys top deal advisers to internet companies.
-
Flipkart, PhonePe IPO May Take Couple of Years, Says Walmart Executive
Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business.
-
Meesho Posts First-Ever Profit, Plans IPO in 12 to 18 Months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...
-
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.
-
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...
-
Flipkart Raises its IPO Valuation Target to $60-70 Billion for U.S Listing in 2023
Flipkart has raised its IPO Valuation target from $50 billion (roughly Rs. 380002.75 crore) to $60-70 billion (roughly Rs. 456051.3 crore to Rs. 532003.85 crore). The e-commerce giant is focusing on its two new businesses - online healthcare and travel bookings, to increase valuations.
-
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 Said to Aim for IPO in Fourth Quarter of 2021
Flipkart, the e-commerce giant controlled by Walmart, is making progress toward an IPO as soon as the fourth quarter of this year, according to people familiar with the matter.
-
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.
-
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.
-
Oppo Find X and Moto E5 Plus India Launch, Xiaomi IPO, WhatsApp 'Forwarded', and More News From This Week
Oppo Find X and Moto E5 Plus price in India revealed, WhatsApp has started marking forwarded messages, Jio Phone latest, Xiaomi finally made its debut on the stock market, and more news this week.
-
Flipkart IPO Could Be in Four Years, Walmart Says in Regulatory Filing
The Flipkart IPO should be done at no less a valuation than that at which Walmart invested in the Indian firm, the filing said.
-
Flipkart Reshuffle Signals Shift to Margins Over Volume
Flipkart and Tiger Global both declined to comment on the reshuffle and its implications.
-
Infibeam's Rs. 450 Crore IPO Opens on Monday
The shopping portal will be the first Indian e-commerce firm to tap the IPO route.
-
Infibeam to Set Up Data Centre at Gandhinagar
Infibeam said the new centre would provide advantages including "underlying control over hardware, increased availability, and mitigation of geo-specific risk."
