Friday, November 8, 2024

Flipkart Internet

Flipkart Internet, the e-commerce subsidiary of the Walmart-backed company, has received INR 1,421 Cr (approximately $170 Mn) through an internal fund transfer from its Singapore-based parent. According to RoC filings, the transfer occurred in two installments: one...
The Indian quick-commerce sector might see expansion into a much wider array of stock keeping units (SKUs), bringing it closer to ecommerce in the future, according to Paul Hudson, founder of investment firm Glade Brook Capital. In...

Flipkart Internet receives INR 924 Crore cash infusion from Singapore entities

Flipkart’s marketplace arm, Flipkart Internet, has received a cash infusion, raising about INR 924 crore ($111 million) in two parts from its related entities...

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