Thursday, March 30, 2023
Outlook.com
Outlook India
Outlook Business
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Flipkart

Kotha will now oversee all aspects of XPDEL's operations, including business-to-business (B2B) and direct-to-consumer (D2C) fulfillment, logistics operations, customer service, technology and analytics

The company will utilise the recently generated capital to expand its fintech business in the country

PhonePe raised $350 million from the United States (US) based venture capital (VC) firm General Atlantic in February

The visit is significant for SoftBank, which has been facing losses from its Vision Fund, and comes on the back of a series of stake offloads across listed firms

The laptop is powered with 4G wireless sim connectivity and runs on PrimeOS, the brand’s proprietary Android 11-based operating system

Masoom Minawala, who is Forbes 30 under 30 fashion creator, invests in STUMBL and joins as a strategic advisor

Pragati will utilise the newly generated fund to expand its business operations across multiple cities in the country

Multipl users can plan for their kid’s expenses three to 12 months in advance and earn investment returns on their savings

The move impacts around 4,500 employees in grade 10 and above

Flipkart is reportedly in discussions to acquire Bengaluru-based online pharmacy start-up Pharmallama to expand its e-pharmacy offering. The move comes as the country's e-pharmacy space faces regulatory scrutiny