Tag Archives: walmart

[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, […]

VC funding paused due to COVID-19 but new ‘hot’ sectors and investing models emerge

VC financing stopped briefly due to COVID-19 Deals delayed, term sheets withdrawn, appraisals down, brand-new designs forming up &#x 2014; COVID-19 is altering the method VCs run. How Walmart India won the lockdown video game Sameer Aggarwal, CEO of Best Price, Walmart India Early proactive actions made sure that Walmart India was prepared to satisfy […]

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 — […]