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WALMART INVESTMENT IN FLIPKART
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...- FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
- 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...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Flipkart pauses IPO discussions amid rising volatility in marketsWalmart-owned Flipkart has indefinitely paused its IPO plans due to rising market volatility and a crowded pipeline of upcoming public issu...
- 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.
- 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...
- Walmart CEO meets PM Modi, signals deeper India investmentWalmart CEO John Furner met with Indian Prime Minister Narendra Modi. The meeting focused on India's economic growth and investment opportu...
- Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
- AI trade turns Adani’s energy stocks into India proxy playAdani Group's significant investment in green-powered data centers is driving substantial gains in its energy units, positioning them as ke...
- Amazon Now orders growing 25% month on month: CEO Andy Jassy in Q1 earnings callAmazon Now's quick commerce orders are experiencing 25% month-on-month growth, with Prime members tripling their shopping frequency. The co...
- Flipkart names Sharayu Jadhav as VP Legal, Varun Gupta as VP Corporate DevelopmentFlipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development. Jadhav returns...
- 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.
- Flipkart may launch standalone app for quick commerce business MinutesFlipkart is preparing to launch a dedicated app for its quick commerce service, Flipkart Minutes. This move aims to boost visibility and br...
- Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
- Zepto trims cash burn before IPO, pitches profitability by FY29 to public market investorsQuick commerce firm Zepto is engaging institutional investors for its planned June-July IPO, aiming to raise capital amid intensifying comp...
- Walmart is now the largest shareholder of FlipkartMoving forward, Flipkart's financials will be reported as part of Walmart's International business segment.
- Walmart to open 50 new stores in India in 4 years"We currently have 21 stores and plan to open 50 stores in 4 to 5 years. Plans are on track," Walmart India President and CEO Krish Iyer sa...
- Walmart's investment in Flipkart might run into troubleIn July this year Flipkart-owned Myntra acquired fashion e-tailer Jabong from the troubled Rocket Internet. It is interesting that Jabong w...
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