Walmart plans to deploy $1.2 bn for funding Flipkart's operations

Om Athavale

US-based Walmart Inc. is planning to deploy cash and cash equivalents worth $1.2 billion (Rs 8,337 crore at current exchange rate) ....

13 June, 2019

Walmart mulls deploying PhonePe tech in markets like US, Mexico

Payal Ganguly

Walmart, which owns 77% stake in Flipkart, will look at leveraging the homegrown e-commerce platform’s payments arm PhonePe ....

12 June, 2019
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Flipkart reduces seller commission, shipping fee; Zoomcar, Drivezy in merger talks

Payal Ganguly

Walmart-backed e-commerce platform Flipkart has reduced seller commission and shipping fee for products across different slabs ....

11 June, 2019

Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Watch: Hari Menon on making Bigbasket a consumer staple

Anand J & Vijayakumar Pitchiah

Marquee investors have been doubling down on India’s online grocery segment, with both Alibaba-backed Bigbasket and ....

10 June, 2019

Flipkart localises manufacturing of over 50% private-label goods; Skyblue buys HomeShop18

Payal Ganguly

Walmart-backed e-commerce platform Flipkart has moved to India the manufacturing and sourcing of over 50% of goods under its private ....

10 June, 2019
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Amazon pours $417 mn more in India, one of its last growth frontiers after China exit

Kavya Kothiyal

E-tailer Amazon has made a fresh capital infusion in its India marketplace of Rs 2,900 crore ($417.5 million at current exchange ....

7 June, 2019

Unilever Ventures leads $10.5 mn funding for grocery delivery firm Milkbasket

Binu Paul

Grocery delivery startup Milkbasket has raised its largest funding worth $10.5 million (Rs 73 crore at current exchange rate), ....

4 June, 2019

RP-SG Ventures leads investment in personal care startup mCaffeine

Kavya Kothiyal

Online-first personal care brand mCaffeine said on Tuesday that it has raised $2 million (Rs 13.8 crore at the current exchange ....

4 June, 2019

Funding roundup: Smart e-scooters, social commerce in spotlight as dealmaking gathers steam

Vijayakumar Pitchiah

There was a significant uptick in startup-related dealmaking activity as the month of May drew to a close, with the value of deals ....

31 May, 2019
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Walmart names Google exec Suresh Kumar as CTO, chief development officer

Om Athavale

US-headquartered retail giant Walmart has named Google executive Suresh Kumar as its chief technology officer and chief development ....

29 May, 2019

Truecaller, aiming to offer loans soon, ropes in Flipkart lending exec as India MD

Payal Ganguly

On the cusp of launching loan services, caller identification service Truecaller has appointed Flipkart head of consumer and commercial ....

29 May, 2019

Flipkart floats in-house fitness brand Adrenex

Om Athavale

Walmart-owned e-commerce giant Flipkart has announced the launch of an in-house sports and fitness brand called Adrenex. Bengaluru-based ....

29 May, 2019

Sachin Bansal leads $51 mn investment in smart e-scooter maker Ather Energy

Vijayakumar Pitchiah

Ather Energy Pvt. Ltd, which makes smart electric scooters, has raised $51 million (Rs 355 crore at the current exchange rate) ....

28 May, 2019

Mumbai court stays sale of GOQii products on Flipkart

Payal Ganguly

A civil court in Mumbai has barred sellers on Flipkart, Retailnet India Pvt Ltd and Tech Connect Retail Pvt Ltd from selling fitness ....

28 May, 2019

PhonePe seeks $1 bn from Tencent, Tiger Global; Lenskart may enter unicorn club: Reports

Binu Paul

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, is in discussions with leading global investors ....

27 May, 2019

Online sellers challenge CCI's clean chit to Flipkart in market dominance case

Payal Ganguly

The All India Online Vendors Association, a group of online sellers across multiple e-commerce platforms, has challenged the Competition ....

22 May, 2019

Reliance to disrupt e-commerce sector, Paytm Mall’s biz model unsustainable: Forrester

Om Athavale

The size of India's online retail market is likely to touch $85 billion by 2023, Massachusetts-based market research company ....

17 May, 2019

Walmart reports significant decline in February-April operating profit on Flipkart inclusion

Payal Ganguly

US-based retail giant Walmart Inc. said it clocked a significant decline in global operating profit for the February-April quarter ....

17 May, 2019

Home service marketplace UrbanClap posts 2.5 times growth in operating revenues

Vijayakumar Pitchiah

Delhi-based home services marketplace UrbanClap Technologies India Pvt. Ltd has reported 2.5 times growth in operating revenues ....

16 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019