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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 ...
Image Credits: Manish Singh / TechCrunch. Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the ...
Tiger Global’s recent secondary deal, in which it sold its stake in Indian e-commerce giant Flipkart to Walmart for $1.4 billion, shows that the market has started moving. But this transaction ...
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
Known for. Co-founder, former chairman and CEO, Flipkart [2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [2] [3] Internet entrepreneur. [3] As of February 2024, his net worth was estimated at US$1.4 billion. [1] In 2007 he co-founded the e-commerce platform Flipkart. [4] [5] He was the chief operating officer ...
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an ...
Snapdeal was founded on 4 February 2010 as a daily deals platform, before expanding to become an online marketplace in October 2011. Unsuccessful merger with Flipkart. Reports emerged in Q2 2016 that SoftBank Group planned to engineer a merger between Snapdeal and Flipkart.
Image Credits: Manish Singh. Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. The Android maker will ...