Tiger Global

The valuation of the e-commerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January 31, 2022New Delhi: E-commerce firm Flipkart's valuation has declined by $5 billion or around...

After having led Flipkart to its glory, Bansal started Navi Technologies and is pursuing opportunities in the banking financial services and insurance sector Co-founder of homegrown e-commerce marketplace Flipkart Sachin Bansal is known as the flag-bearer of the Indian startup ecosystem. The...

The transaction took place at an enterprise valuation of around $35 billionNew Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger GlobalNew Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart.According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

Flipkart founders Sachin and Binny Bansal may have to pay 20 percent capital gains tax if they sell their shares in the company as part of the proposed deal with US retail giant Walmart, say tax experts.According to a...

Online supermarket platform Grofers on Friday said it has raised Rs 400 crore in a fresh funding round led by Japanese conglomerate SoftBank Group.A significant amount of investment will go towards building infrastructure and technology and efficient supply of...

Amazon will continue to invest in India in expanding infrastructure and bringing in solutions that enhance consumer and seller experience as the US-based e-commerce major looks to overtake local rival, Flipkart. According to a PTI report: Amazon, which has completed...

E-commerce major Flipkart is in advanced stage of discussions to raise about US $800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon. According to a PTI report: The funding,...