Flipkart purchased Myntra in 2014.
Flipkart purchased Jabong via Myntra in 2016.
Walmart purchase Flipkart in 2018.
Flipkart killed Jabong in 2020.
Is it fair to purchase a company just to kill it?
_S
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
Flipkart, the ecommerce powerhouse backed by Walmart, is said to be strategically scaling back the expansion of its rapid delivery service, Flipkart Minutes. This adjustment reportedly focuses its reach on the six to eight largest metropolitan areas
See More
0 replies10 likes
VCGuy
Believe me, itโs not...ย โขย 11m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
โฎ๏ธThe interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
The significant growth in Walmart International's advertising arm during the first quarter ended April 30, 2025, was largely fueled by Flipkart's strong performance.
Walmart CFO John David Rainey noted in the earnings call, "... Our advertising bus
Top 5 failures in the History of the Indian Startup Ecosystem!
What do you think about these startups?
1. Paytm: A Data Leak & An Alleged Extortion Case
2. Walmart-Flipkart Deal Violates Competition Act & FDI Norms Acquisition
3. Amit Bhardwaj: The
See More
6 replies9 likes
Arcane
Hey, I'm on Medialย โขย 9m
Can Tiny Walmart survive against the big guys? ๐ค
This was the headline in a newspaper in July, 1962.
But now, who's the big guy? ๐ช
(P.S: What do you think made Walmart what it is today?)
14 replies14 likes
gray man
I'm just a normal gu...ย โขย 1m
E-commerce giant Flipkart is shifting its holding company from Singapore to India, a big step ahead of its planned IPO in the next 12โ15 months.
The Walmart-backed company, currently valued at $36 billion, has already secured internal approvals for
