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Walmart to raise around USD 3 billion for Flipkart

News | Ecommerce | 26 Oct 2022

India-based Flipkart has considered raising USD 2 to 3 billion at a valuation of more that USD 40 billion to expand its product range in India, according to sources cited by Mint.

Flipkart, Walmart, IPO, funding, acquisition

Flipkart acquires ANS Commerce to augment India's ecommerce ecosystem

News | Ecommerce | 19 Apr 2022

India-based ecommerce company Flipkart has bought ecommerce enabler ANS Commerce in a deal expected to close by the end of 2022.

acquisition, Flipkart, ecommerce, product upgrade, digitalisation

Flipkart releases IPO valuation target for 2023

News | Ecommerce | 07 Apr 2022

Walmart’s India-based ecommerce company Flipkart has internally raised its IPO target to USD 60-70 million and plans a US listing in 2023.

ecommerce, Flipkart, Walmart, IPO, retail

Flipkart to acquire online pharmacy marketplace

News | Ecommerce | 19 Nov 2021

India-based ecommerce platform Flipkart has announced it will acquire online pharmacy startup SastaSundar to enter the healthcare segment in India.

Flipkart, ecommerce, acquisition, startup, expansion

Flipkart Wholesale and Rupifi partner to offer embedded BNPL to MSMEs

News | Online Payments | 20 Oct 2021

India-based B2B commerce solutions company Flipkart Wholesale has partnered with B2B transactions company Rupifi to offer embedded instalment payments to the MSMEs on Flipkart.

ecommerce, Flipkart, BNPL, instalment payments, checkout optimisation , merchant onboarding

Flipkart and Davinta partner to offer Buy Now, Pay Later facilities

News | Online Payments | 20 Sep 2021

Flipkart, an India-based ecommerce company, has partnered with payment service provider, Davinta, to offer Buy Now, Pay Later (BNPL) credit solutions to all its retailers.

partnership, BNPL, online payments, instalment payments, Flipkart

PhonePe concludes USD 700 mln fundraise round

News | Online Payments | 19 Aug 2021

PhonePe, an India-based online payments app, has raised USD 350 million from new and existing investors as part of the USD 700 million round it announced in December 2020.

online payments, funding, Flipkart, UPI

Indian ecommerce market to reach USD 120.1 mln

News | Ecommerce | 13 Jul 2021

GlobalData’s E-Commerce Analytics has shown that the ecommerce sales in India are forecasted to rise at a compound annual growth rate (CAGR) of 18.2% between 2021 and 2025, to reach USD 120.1 billion in 2025.

ecommerce, growth markets, BNPL, Amazon, Flipkart, digital payments

Flipkart secures USD 3.6 bln in funding

News | Ecommerce | 12 Jul 2021

Flipkart has raised USD 3.6 billion in funding, the total value of the group now being at USD 37.6 billion post-money.

Flipkart, funding, ecommerce, expansion, digitalisation

PhonePe to help digitise cash-on-delivery orders on Flipkart

News | Ecommerce | 05 Jul 2021

India-based digital payments company PhonePe has partnered with Flipkart to launch contactless scan and pay for Flipkart’s cash-on-delivery orders.

partnership, ecommerce, ecommerce platform, cash management, Flipkart

Flipkart to strengthen grocery infrastructure to cater to customer safety and demand across India

News | Ecommerce | 13 May 2021

Flipkart has announced the strengthening of its grocery supply chain infrastructure across the country.

Flipkart, product launch, ecommerce, merchants

Flipkart brings a series of initiatives to support its sellers and artisans

News | Ecommerce | 10 May 2021

Flipkart has extended various initiatives for MSMEs, small scale sellers, artisans, weavers, and handicraft partners, helping them tide through challenges in the current scenario.

Flipkart, merchants, ecommerce, COVID-19, pandemic

Flipkart to acquire online travel technology company Cleartrip

News | Ecommerce | 21 Apr 2021

Flipkart has announced the acquisition of Cleartrip, an online travel technology company.

Flipkart, acquisition, ecommerce, customer experience

Flipkart' Best Price boosts safety and savings for small kiranas with ecommerce offerings

News | Ecommerce | 07 Apr 2021

Flipkart has kick started ‘Online Shopping Dhamaka Month’ for members of its cash-and-carry business Best Price.

Flipkart, loyalty programme, ecommerce

Flipkart seeks to strengthen its position in the Indian ecommerce market, GlobalData reports

News | Ecommerce | 12 Mar 2021

India-based Flipkart has revealed it is now exploring going public in the US through a merger with a special-purpose acquisition company (SPAC). 

Flipkart, GlobalData, study, merger, ecommerce, COVID-19

Flipkart ramps up its grocery operations; expands reach to more than 50 cities across India

News | Ecommerce | 03 Mar 2021

Flipkart has expanded its grocery services to more than 50 cities in the country through its pan India marketplace.

Flipkart, marketplace, online shopping, ecommerce

Flipkart Wholesale strengthens commitment towards kiranas, MSMEs

News | Ecommerce | 04 Feb 2021

Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, has announced the strengthening of its commitment towards boosting supply chain infrastructure.

Flipkart Wholesale, Flipkart, B2B, marketplace, India, supply chain, ecommerce, kiranas, MSMEs

Flipkart launches SuperCoin Pay

News | Online Payments | 18 Jan 2021

India-based ecommerce company Flipkart has launched its own electronic payment option, dubbed SuperCoin Pay.

Flipkart, SuperCoin Pay, product launch, online payments, rewards, ecommerce, India, retail, QR code

PhonePe raises USD 700 mln as it becomes a separate entity

News | Mobile Payments | 03 Dec 2020

PhonePe has secured USD 700 million in a new financing round and is 'partially' spinning off into a separate unit.

PhonePe, funding round, investment, financing round, Walmart, Flipkart, mobile payments, India, Google Pay, UPI, PhonePe Switch

Flipkart onboards gaming startup Mech Mocha to strengthen its gaming strategy

News | Ecommerce | 06 Nov 2020

Flipkart has announced that it has strengthened its gaming strategy through the acquisition of Intellectual Property from Mech Mocha.

Flipkart, acquisition, intellectual property, Mech Mocha, mobile gaming startup, India, Accel Partners, Blume Ventures, Shunwei Capital