PhonePe Raises $350 Million From General Atlantic at $12 Billion valuation
Walmart-owned fintech PhonePe raised $350 million in funding from General Atlantic at a pre-money valuation of $12 billion. The investment marks the first of a...
Tag : Flipkart
Flipkart to Conduct $700 Million ESOP Buyback Amid PhonePe Funding Round
Flipkart may conduct $700 million in employee share buybacks as part of PhonePe’s new funding round. PhonePe is expected to raise between $1.5 billion and...
BeatO Raises $33 Million in Series B Led by Lightrock
On November 16, Digital diabetes care platform BeatO said it had raised $33 million (~Rs 269 crore) in a Series B funding round led by...
Walmart to Raise $3 BN for Flipkart, Valuing $40 BN
According to a news report, Walmart is planning to raise USD 2-3 billion for its subsidiary Flipkart at an estimated more than USD 40 billion...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...
Flipkart Partners with eDAO to Launch Flipverse for Virtual Shopping Experience in Metaverse
On Monday, e-commerce platform Flipkart announced that it has partnered with Polygon-incubated organisation eDAO to launch Flipverse. Flipverse is a metaverse space where consumers can...
Govt Launches ONDC, Alternative to Flipkart & Amazon, in Bengaluru
To reduce the dominance of e-commerce giants such as Flipkart and Amazon, the government launched a major public-facing initiative in Bengaluru, the Open Network for...
Flipkart India Gets Rs 1,600 Crore Infusion from Singapore Entity During Festive Sale
E-commerce giant Flipkart’s Singapore entity invested nearly Rs 1,600 in its Indian arm ahead of the festival.According to Flipkart India Private Ltd’s regulatory filings accessed...
Flipkart Launches New Hotel Booking Feature
India’s largest homegrown E-commerce platform Flipkart announced its foray into the hospitality sector. Flipkart has added a new hotel-booking feature on its platform to strengthen...
Binny Bansal-Backed Brightchamps Buys Singapore Startup Schola for $15 Million
Backed by Flipkart co-founder Binny Bansal, Edtech startup Brightchamps has acquired Singapore-based communication and English learning platform Schola in a $15 million cash and stock...