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  2. Google invests $350M in Indian e-commerce giant Flipkart

    techcrunch.com/2024/05/24/google-invests-350...

    The Google investment is part of a nearly $1 billion funding round that Flipkart kicked off in 2023. Walmart has led the round, having invested $600 million in it late last year. (Microsoft is ...

  3. Walmart pays $1.4 billion to buy Tiger Global's remaining ...

    techcrunch.com/2023/07/30/walmart-flipkart-tiger...

    Flipkart was valued at $37.6 billion in a funding round in 2021, but has since internally cut its worth by about $5 billion following the split of payments startup PhonePe. Walmart, which paid $16 ...

  4. Flipkart - Wikipedia

    en.wikipedia.org/wiki/Flipkart

    2007–2010: Start-up phase. Flipkart was founded in October 2007 in Bangalore [ 11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12][ 13][ 14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh ...

  5. Most secondary sales won't look like Tiger's Flipkart deal ...

    techcrunch.com/2023/08/05/secondary-venture...

    Flipkart’s new $35 billion valuation is notable, given how far valuations have fallen over the past year. ... Brex’s latest secondary deal was in January 2023 at a $6.3 valuation, half the ...

  6. List of largest technology companies by revenue - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_technology...

    All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [ 2] unless otherwise specified. As of 2023, Fortune lists Amazon (revenue of $513.98 billion), Jingdong ($155.53 billion), and Alibaba ($126.81 billion) in the retailing sector rather than the technology sector. [ 3]

  7. Sachin Bansal - Wikipedia

    en.wikipedia.org/wiki/Sachin_Bansal

    In 2018, Bansal exited Flipkart following the Walmart deal. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. [7]

  8. Walmart pays $3.5B to increase stake in India’s Flipkart

    techcrunch.com/2023/09/02/walmart-has-spent-3-5...

    The $3.5 billion spending took place in the first six months of 2023, Walmart disclosed for the first time in an SEC filing Friday. Walmart’s ownership in Flipkart now stands at about 80%. Some ...

  9. List of largest German companies - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_German...

    This list displays all 29 German companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

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