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BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group,...
Paytm receives final tranche of US $445 mn funding from SoftBank, Alibaba

Paytm receives final tranche of US $445 mn funding from SoftBank,...

Paytm Mall has received the final tranche of its US $4 45 million (about Rs 3,000 crore) funding from...
SoftBank confirms selling ‘entire stake’ in Flipkart to Walmart

SoftBank confirms selling ‘entire stake’ in Flipkart to Walmart

Japan’s SoftBank has decided to sell its over 20 percent stake in e-commerce major Flipkart to US retailer Walmart...
Walmart formally agrees to buy a controlling stake in Flipkart

Walmart picks up 77 pc stake in Flipkart for US $16...

Walmart has picked up 77 percent stake in Bengaluru-based e-commerce major for a whopping US $16 billion.“Walmart will pay...
Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

Indian e-commerce market sees M&A deals worth US $2.1 bn in...

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the...
Walmart inches closer to sealing deal with Flipkart

Walmart inches closer to sealing deal with Flipkart

Global retail giant Walmart is inching close to sealing the deal to buy a majority stake in Flipkart for...
PE investments jump 55 pc to all-time high of US $24 billion in 2017

PE investments jump 55 pc to all-time high of US $24...

Private equity firms invested US $23.8 billion across 591 deals in 2017, making it the biggest year for PE...
Snapdeal's first investor Kenneth Glass supports Kunal Bahl's merger call off decision

Snapdeal’s first investor Kenneth Glass supports Kunal Bahl’s merger call off...

Snapdeal's earliest investor Kenneth Glass has come out in support of CEO Kunal Bahl over the decision to call...
Flipkart expected to offer US $900-950 million for Snapdeal

Flipkart expected to offer US $900-950 million for Snapdeal

E-commerce major Flipkart is expected to make a revised offer of $900-950 million for buying rival Snapdeal, according to...
Flipkart expected to make revised offer for Snapdeal

Flipkart expected to make revised offer for Snapdeal

Flipkart is expected to make a revised offer in the next few days for buying Snapdeal, after its first...