The Flipkart board earlier rejected Google’s investment in the company as it views the search giant as a potential rival Flipkart's digital payments subsidiary PhonePe recently received an ...

Bengaluru-based Flipkart owned fintech firm PhonePe has ... The consumers can bring their phone close to the POS device installed on the merchants’ outlet and it would automatically show the ...

Flipkart is furiously allocating funds to its logistics and digital payments subsidiaries in a race to the top spot against ecommerce major Amazon India. After the massive $460 Mn funding to Ekart ...

The initial public offering of Walmart's Flipkart marketplace and PhonePe digital payments platform could be delayed for a couple of years, said a Walmart executive as reported by Reuters.

Per a Flipkart spokesperson, the payouts will be made by July 31, having communicated the same to employees before More than 24,000 employees, including Flipkart and Myntra staff who have since ...

The US retailer and the PE firm would invest $1 Bn, while the rest would come from a secondary share sale. It is prudent to mention that PhonePe is marked as an asset under Flipkart, hence the ...

Prior to that, he said that both Flipkart and PhonePe had a huge addressable market opportunity to tap into going forward. The optimism is not without reason. Flipkart was last valued at more than ...

This comes seven months after the fintech giant was hived off from the parent company Flipkart in December 2022. “…. the company and the board have agreed upon a new share price for Flipkart ...

The separation of Flipkart and PhonePe could also have an impact on the former’s valuation – while the e-commerce giant is currently valued at $37.6 billion after a fundraise of $3.6 billion ...

Currently, Walmart is in talks with Accel and Tiger Global to buy their shares for around $1.5 Bn, valuing Flipkart at $30 Bn Walmart has already spent $780 Mn in taxes to bring PhonePe’s ...

The initial public offerings (IPOs) of the Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. Speaking on the sidelines of Walmart ...

The top 20 employees of Flipkart, the most senior and early staffers of the e-commerce giant, will be getting as much as $200 million out of the $700 million payout, The new share price of ...