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PhonePe raises an additional USD 100 mln

News | Payments General | 12 Apr 2023

India-based fintech PhonePe has secured USD 100 million of additional funding in the journey to complete an ongoing USD 1 billion financing round.

PhonePe, funding, investment, Walmart, payments

Walmart-owned PhonePe drops acquisition of fintech startup ZestMoney

News | Payments General | 31 Mar 2023

Fintech platform PhonePe has halted its proposed acquisition of India-based Buy Now, Pay Later startup ZestMoney.

PhonePe, acquisition, BNPL, Walmart, fintech

Grocery chains to close locations in the US

News | Ecommerce | 08 Mar 2023

A number of grocery chains including Walmart, Kroger, Sprouts, Amazon and Stop & Shop have announced the closure of several US-based locations throughout 2023.

ecommerce, shopping, merchants, retail, Amazon, Walmart, delivery, online shopping, financial data, fintech, marketplace

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