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Sachin Bansal invests ₹200 crore into Piramal Enterprises through non-convertible debentures

Sachin Bansal, co-founder of Fipkart, has infused ₹200 crore into Piramal Enterprises, owned by Ajay Piramal, cited Inc42. The funds were transferred through non-convertible debentures,...
Livemint

Weekly Report: Indian startup ecosystem secures $341.3 million in second week...

The Indian startup ecosystem collected tranche of $341.3 million in the second week of July across 18 deals. This is merely a point lesser...
Flipkart

Flipkart join hands with Axis Bank to launch co-branded credit card

Flipkart, India's leading retail giant, owned by Walmart, has ventured into the credit card market after it announced partnership with Axis Bank to launch...

Flipkart to onboard 50,000 MSMEs by end of 2019

Flipkart, one of the biggest e-commerce companies in India, based out of Bengaluru, is all set to bring 50,000 MSMEs (medium and micra, small...
Flipkart

Flipkart to launch first multi-brand rewards system SuperCoins in July

Flipkart, based out of Bengaluru, and India's largest growing e-commerce marketplace is all set to launch a multi-brand rewards ecosystem, called as SuperCoins. The...

Binny Bansal sells $76 million Flipkart shares to Walmart arm

Binny Bansal, who co-founded India's largest e-tailer has sold $76 million worth Flipkart shares to Walmart arm FIT Holdings SARL. According to a source, cited...

Bajaj Auto eyes an investment in bicycle rental startup Yulu

Bajaj Auto is, reportedly, in talks to pick up a stake in dockless bicycles and low-speed electric scooter rental startup Yulu as part of...

Fitness tech venture GOQii and Flipkart ends row over heavy discounts

Less than a month old legal dispute between a Mumbai-based company GOQii and e-commerce platform Flipkart has finally come to rest after the former...

Flipkart’s cash deficit at $1 billion under Walmart

Flipkart, India's largest online e-tailer has burned nearly $1 billion since the US retail monster Walmart acquired around 77 per cent stake in it,...

PhonePe gets in-principle approval to hive-off business from Flipkart

Flipkart owned digital payments platform, PhonePe  has got in-principle approval from Flipkart to hive-off its business from its parent organisation. Flipkart has a 100%...