Quick commerce startup Zepto in talks to raise IPO size to $800 million-$1 billion: SourcesQuick commerce company Zepto is considering increasing the size of its public offering from $800 million to $1 billion, including secondari...
24 Jan, 2025, 09.32 PM IST
Flipkart lining up $20 million for in-house credit marketplaceThe investment will be done gradually as the team is working on several products, and the platform is expected to be ready by end-2023 or e...
20 Sep, 2023, 06.00 AM IST
Flipkart executive Prakash Sikaria to build in-house credit startup for ecommerce groupSikaria’s venture is likely to be housed under a separate entity where the online retailer will be the majority shareholder and Sikaria wil...
17 May, 2023, 06.00 AM IST
FIIs & MFs on shopping spree! This e-tailer stock saw Rs 7,200 crore-buying in last 3 quartersFII holdings in Nykaa rose to 11.06% at the end of December quarter from 5.98% in the March quarter. Mutual funds have taken their overall ...
16 Feb, 2023, 10.04 AM IST
Quick-loan apps submit docs to prove legitimacy; interim relief to Flipkart in Rs 1,100-cr tax caseThe ban on 94 quick-loan apps has caught the digital-lending industry in a quagmire. Even as senior executives continued their hectic discu...
09 Feb, 2023, 08.34 AM IST
Binny Bansal’s Flipkart stock sale; Uber’s Rs 2 crore job offer at IITsBinny Bansal, who cofounded Flipkart along with Sachin Bansal, has scooped up a good sum by selling a part of his stake in the company. The...
02 Dec, 2021, 07.04 AM IST
Binny Bansal sold part stake in Flipkart in July funding roundBinny Bansal executed a secondary shale sale worth more than $200 million to Tencent Holdings in Flipkart’s latest funding round that pegge...
02 Dec, 2021, 05.59 AM IST
Flipkart to buy back employee stock options worth Rs 600 croreSources said the employee stock options buyback would entail a spending of about Rs 600 crore, and employees will be able to liquidate up t...
12 Jul, 2021, 10.57 PM IST
Flipkart on the huntAlso in today's ETtech Morning Dispatch: Banks' cryptic rules for crypto, Karanataka bars delivery of 'non-essentials', Google to map locat...
11 May, 2021, 09.09 AM IST
Hunting digital loan sharksIn today’s ETtech Morning Dispatch: RBI is exploring ways to regulate online loan apps; KKR is in talks to pick up 53% stake in Vini Cosmet...
12 Mar, 2021, 07.52 AM IST
With new structure, $700 million in capital, we have a real chance to turn profitable: PhonePe CEO Sameer NigamSameer Nigam says primary capital, new ownership pattern open up the IPO option; all full-time employees to get Esops
04 Dec, 2020, 08.54 AM IST
View: It's a daft ecommerce policy, will harm future local etailersIf this is going to be the final ecomm policy, India won’t get what it should, and will lose what it has.
02 Aug, 2018, 03.18 PM IST
Walmart may get four seats on Flipkart's ten-member boardWalmart is aiming for at least a 55-60% stake in Flipkart in a deal likely to value the company between $18-20 billion.
30 Apr, 2018, 12.14 PM IST
Walmart set to be largest shareholder in FlipkartWalmart is set to become the largest shareholder in Flipkart — India’s biggest ecomm co — pitching it into a direct battle with another US ...
14 Mar, 2018, 09.53 AM IST
Flipkart's small town push for Big Billion saleFlipkart’s team handling the crucial smartphone category did a survey among customers to know what they are looking for in terms of product...
22 Sep, 2017, 12.28 PM IST
With Rs 10,000 cr sales, WS Retail tripled its turnover to combined sales of Shoppers Stop, Future Lifestyle, Trent & PantaloonsExperts feel WS Retail’s numbers offer a peek into Flipkart’s likely performance for the year to end-March 2015.
31 Oct, 2015, 10.42 AM IST
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...
26 May, 2014, 02.31 PM IST