walmart

Walmart Commits $600 Million to Fuel Flipkart’s Growth in Billion-Dollar Funding Round

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Walmart

Empowering Flipkart: Walmart’s Strategic Investment Signals Confidence in India’s E-commerce Future Introduction: In a strategic move to fortify its position in the fiercely competitive e-commerce landscape, Walmart has announced a substantial investment of $600 million in its Indian subsidiary, Flipkart. This injection of funds comes as part of a larger funding round that aims to … Read more

PhonePe Emerges as a Leading Fintech Player with $1.3 Trillion Total Payment Value, According to Walmart CFO

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PhonePe’s Impressive Trajectory: IPO Plans, Robust Funding, and $1.3 Trillion TPV Introduction: In a significant stride towards its financial ambitions, PhonePe, a major player in the fintech landscape, is reportedly gearing up for an Initial Public Offering (IPO) in the years 2024-2025. The announcement comes on the heels of the platform securing an additional $200 … Read more