Walmart

PhonePe Takes on Google Play with Indus Appstore

22/02/2024

While the app store will be free for a year, PhonePe has not finalized a pricing structure for the subsequent year, though the fintech indicated that it will be in the "low single digits" in addition to the basic fee

Walmart Brings Together Buyers And Suppliers in India to Establish Partnerships, Advance $10 Billion Export Goal

16/02/2024

More than 80% of the participating suppliers were shortlisted to move to the next round with the potential to join the Walmart Marketplace

PhonePe Surpasses $1.3 Trillion In Total Payment Value: Walmart CFO

11/12/2023

Walmart's CFO, John David Rainey, mentioned that both Flipkart and its digital payments arm, PhonePe, are likely to launch IPOs at some point

Walmart To Host Growth Summit To Partner With Indian Suppliers For Exports

08/11/2023

Building new products and sourcing partnerships is aligned with Walmart’s goal to triple exports out of India to $10 billion annually by 2027

Flipkart To Invest $20 Million In New In-House Credit Marketplace

20/09/2023

Flipkart's in-house marketplace will provide a variety of financial products, including personal loans up to Rs 5 lakh

PE Activity Witnesses 35 Per Cent Decline In Volumes In August 2023

14/09/2023

It fell down from 110 deals last year to just 72 this year, amounting to $2.9 billion

Myntra To Go Structural Changes, Plans To Downsize Bandwidth

26/07/2023

The e-commerce unicorn is willing to explore a new strategy that eyes scaling some selected private labels instead of scaling a group of in-house brands

Flipkart To Distribute Axis Bank Personal Loans Amid RBI Concerns On Unsecured Lending

07/07/2023

The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement

Walmart's Shareholding In PhonePe Drops To 85 per cent

05/06/2023

PhonePe has now raised a total of $850 million of primary capital in the current round till the end of May

Guild Lays Off 172 Employees: Report

30/05/2023

The affected employees will receive three months of severance pay, medical, dental and vision coverage through the Consolidated Omnibus Budget Reconciliation Act (COBRA)