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FLIPKART INTERNET FUNDING
Global creditors drag Udaan's parent to bankruptcy court in Singapore after $170-million bond defaultInsolvency petition filed this week, A&M appointed as liquidator of B2B commerce company. Ten year old co has seen valuations crash 70% as ...
Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy marketsCloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore ...
Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
Start-up wave rises beyond metros as Patna emerges as an unlikely hub of innovationEducated youth are now creating jobs in Patna, Bihar, instead of seeking them in metros. Initiatives like Start-up India are driving this c...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
Flipkart Internet receives Rs 3,249 crore infusion from Singapore parentThe board of the marketplace arm of Walmart-owned Flipkart issued 470,772 equity shares at Rs 69,013.7 per share on a rights issue basis to...
Flipkart Singapore parent infuses Rs 1,421 crore in marketplace armThe new funding comes as the Bengaluru-based etailer presses ahead with plans to launch its quick-commerce service.
ETtech Exclusive: Tiger trail at Flipkart ends with $3.5 billion profits; fund sells remaining stake to WalmartThe US fund exits online retailer with a 4% stake sale to Walmart in final deal of phased selloff.
Parent firm Flipkart Marketplace puts in Rs 370 crore in its ecommerce armThis investment signals a renewed focus on the ecommerce platform by Flipkart, which has been pouring large amounts of money into its logis...
Snapdeal's top investor, Softbank, pushes sale to FlipkartSoftBank is learnt to have drawn up three options for Snapdeal-merge with Flipkart, combine with Alibaba-led Paytm, or a write-down of Soft...
Steep ‘price cut’ for Flipkart as Morgan Stanley mutual fund marks down sharesThis markdown by Morgan Stanley comes even as the e-tailer braces for the impact of the crackdown on cash transactions.
Flipkart valuation slashed to $5.54 bln by investor Morgan StanleyThis is the fourth consecutive markdown by Morgan Stanley, one of the bigger mutual fund investors in India's most valued internet company.
Flipkart raises $600 million in fresh funding at pre-money valuation of $10 billionLatest move was part of Flipkart's regular fund-raising plans till it readies itself to go public on the US bourses in the next 36 months.
Flipkart raises $210 million; will utilise funds for acquisitionsOn using the funds, CEO Bansal said Flipkart is looking at strengthening its technology and acquiring firms across areas like e-commerce, t...