Tag Archives: flipkart

[Funding alert] Flipkart raises $1.2B from Walmart at $24.9B valuation amidst COVID-19 pandemic

India &#x 2019; s leading ecommerce market Flipkart on Tuesday revealed a fund infusion of $1.2 billion, at an assessment of $24.9 billion, led by its moms and dad business Walmart. This marks Walmart'’s largest-ever financial investment into the online market because its acquisition in 2018. In a press declaration, Flipkart stated the most recent […]

JioMart, the e-commerce venture from India’s richest man, launches in additional cities

The reasoning behind the deluge of dollars flooding into billionaire Mukesh Ambani’’ s Reliance Jio Platforms is starting to end up being more clear as his e-commerce endeavor JioMart begins presenting to more individuals throughout India. An e-commerce endeavor in between the country’’ s leading telecom operator Jio Platforms and leading retail chain Jio Retail, […]

Amazon partners with thousands of mom-and-pop stores in India

Neighborhood shops dot 10s of countless cities, towns and towns in India. They have actually endured — — and flourished, in spite of — — retail’ giants ’ billions of financial investment in the nation. Now, Amazon is starting to welcome them. Amazon stated on Saturday it has actually partnered with countless community shops — […]