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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 Indian e-commerce conglomerate as it works ...
Quick-commerce companies are altogether on track to generate revenue of $4.5 billion to $5 billion in India this year, compared to Amazon India’s $18 billion, according to estimates by brokerage ...
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 from each family.
Image Credits: Manish Singh / TechCrunch. Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people ...
Thu, Oct 22, 2020 · 1 min read. Google. Google is adding tools to its shopping platform that will let you know if the deal you’re getting in the run-up to Black Friday really is a deal. A new ...
Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi.
Indian e-commerce giant Flipkart has held discussions in recent weeks about potentially acquiring Dunzo, the hyperlocal delivery startup backed by India's Flipkart has held discussions to acquire ...
Flipkart has now raised $4.65 billion from investors to date, according to Crunchbase.Its most recent round prior to today was $700 million in July 2015, which valued the company at a much higher ...