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PhonePe Raises $200 Million Investment From Walmart in Its Ongoing Fundraise

Indian digital funds agency PhonePe stated on Friday it has raised $200 million (practically Rs. 1,650 crore) from majority backer Walmart at a pre-money...

25,000 Flipkart Employees To Benefit From $700 Million Cash Payout: Report

<!-- -->Flipkart and PhonePe introduced final week that they've accomplished their separation. (File)New Delhi: E-commerce big Flipkart has deliberate to award a one-time...

Startup funding falls 35% in 2022, says Tracxn report

The Indian startup ecosystem has witnessed a 35% year-on-year fall in whole funding to date in 2022 (until December 5) at $24.7 billion,...

Flipkart’s Big Billion Days event lifts Walmart International’s Q3 sales

US retailer Walmart noticed its worldwide gross sales enhance by 13% within the third quarter, aided by Flipkart's flagship festive sale, Big Billion...

Walmart wants to on-board Indian sellers to join its marketplace in Canada

US retail big Walmart has reached out to Indian sellers to affix its market in Canada earlier than begin of winter vacation season...

Walmart explores matchmaker marketplace for social media influencers

Walmart might launch a platform that may use social media influencers to assist the retailer and its 100,000 third-party sellers promote their items...

PhonePe says not planning IPO right now

New Delhi: Walmart-backed funds firm PhonePe on Thursday mentioned it isn't planning an initial public offering (IPO) proper now and can have a...

Big Tech Ramps Up Efforts to Challenge US Antitrust Bill

Massive tech has launched a media blitz geared toward derailing one of the vital ground-breaking bipartisan payments within the US that will bar tech...

Amazon Accuses US Antitrust Bill for Unfairly Targeting the Retailer

Amazon.com on Wednesday lambasted a invoice in Congress barring tech giants from giving choice to their very own companies on their web sites,...

Flipkart Raises its IPO Valuation Target to $60-70 Billion

Walmart's Indian e-commerce firm Flipkart has internally raised its IPO (Preliminary public providing) valuation goal by round a 3rd to $60-70 billion (roughly...

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Democratic Rep. Jerry Nadler to retire from Congress, citing need for

Democratic Rep. Jerry Nadler, the longest-serving New Yorker within the Home, won't search reelection in 2026, stating that there...

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Amazon India boosts infra in Punjab ahead of festive season – The Economic Times

Amazon India on Monday stated it's gearing as much as meet rising buyer demand throughout high-growth classes, corresponding to house, electronics, vogue and...