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FLIPKART STAKE SALE
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
Customers will feast as Zepto to pour fuel into quick commerce fireZepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. T...
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...
Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
Flipkart’s 13-minute delivery draws praise from Walmart Inc President and CEO John FurnerWalmart's CEO John Furner has expressed enthusiasm over Flipkart's groundbreaking 13-minute delivery service, marking it as a transformativ...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
Etailer Flipkart offloads Rs 2,400 crore investments to focus on core and IPOAccording to publicly available block deals data, Bengaluru-based Flipkart, which is majority-owned by US-headquartered Walmart, sold share...
Flipkart investor’s stake sale a bid to avoid tax: Authority of Advance RulingThe AAR Mumbai bench’s decision means other investments that were routed through Mauritius too could come under the scrutiny of tax authori...
SoftBank Q1 operating profit up 49% driven by gains from Flipkart stake saleAs part of the sale of its stake in Flipkart, SoftBank said it has recognised deferred tax of ¥71,746 million ($645,000).
SoftBank confirms sale of Flipkart stake to WalmartSoftBank, which invested close to $2.5 billion in Flipkart through its Vision Fund, is expected to make close to $4 billion on its investme...
How Softbank could dodge the tax bullet on its Flipkart stakeS'pore & Jersey have a tax treaty may have also been a factor in SoftBank’s decision to invest in Flipkart S'pore via Jersey. India does no...