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Flipkart may now seek $70 billion valuation for its US listing

Homegrown ecommerce giant Flipkart will now reportedly be seeking a valuation of $60-70 billion fro…

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Walmart to prioritise Flipkart’s Diwali sale ‘Big Billion Days’

Walmart would prioritize Flipkart’s Big Billion Day sale schedules to be held in November during th…

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Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’

Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…

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3 mins read

Flipkart’s reported $10 billion IPO plan will mean Walmart’s investment in the Indian e-commerce giant will double within 3 years

The much-anticipated Flipkart IPO (initial public offering) could soon be a reality. US retail play…

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Combined losses of Flipkart, Amazon and Snapdeal stand at Rs 11, 754 crore; it is the annual budget of Indian space agency

With this much money, ISRO can send 24 Missions to Mars. "Only two sets of people are winning this …

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Walmart reportedly raising up to $3 bn for Flipkart to expand India biz

With new funds, Flipkart's valuation is set to soar to more than $40 billion, giving a fillip to…

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Flipkart and PhonePe complete separation six years after acquisition

Flipkart and PhonePe have announced that they are fully separated now, six years after the e-commer…

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5 mins read

TataNeu could be worth $15 billion all thanks to BigBasket, Croma and Westside

Tata Digital’s superapp TataNeu could be worth $15 billion, as per a report by Indian financial ser…

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1 min read

Watch out Amazon! Flipkart is looking to end its funding drought with $1.5 billion deal

"Talks with eBay are at an advanced stage, and a strategic deal may include Flipkart acquiring or m…

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Flipkart is preparing for fresh capital, may trim burn rate to $20 million

ET reported Flipkart is going to cut its monthly expenditure by half in the backdrop of fresh fundi…

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PhonePe raises $700 million at a $5.5 billion valuation, will operate as a separate entity

PhonePe has raised $700 million in a fresh round of fundraising, at a post-money valuation of $5.5 …

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1 min read

After Morgan Stanley, now T Rowe Price cuts down Flipkart's valuation by 4%

The repeated slashing of valuation has raised several questions about Flipkart’s ability to retain …

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Flipkart’s valuation marked down for the fourth consecutive time, stands at $5.54 billion now

It reduced value of its Flipkart shares by another 38.2%, pegging the valuation $5.54 billion now. …

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Walmart, Netflix partner to expand Hub experience to more viewers

Retail giant Walmart has announced a partnership with Netflix to bring the Hub, which claims to bri…

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2 mins read

Nykaa competitor Purplle is the latest unicorn after a $33 million fundraise

Cosmetics ecommerce company Purplle — which competes with Falguni Nayar’s Nykaa — is now valued at …

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4 mins read

Paytm Mall loses its unicorn status

Paytm Mall — the ecommerce arm of digital payments giant Paytm — is now valued under $1 billion, as…

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Amazon India lost over Rs 3,000 crore in race to become number 1 and defeat Flipkart

Amazon’s Indian unit saw more than double losses at Rs 3,572 crore in the financial year ended Marc…

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Beware! Flipkart’s Ekart is making a disruptive entry into courier service segment

Customers who will make the booking will be able to locate the parcels in real time through SMS upd…

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Flipkart has ‘lived up to expectations so far’, says Walmart CEO, confirms IPO plans

Walmart International CEO and President Judith McKenna on Wednesday said that the US-based retailer…

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Flipkart is now hungry for profits and is going for the kill, starting with capping increments

For starters, Flipkart will cap the increment at 10%, except those teams that are driven by variabl…