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In 2024, Flipkart raised $350 million from Google as part of a funding round led by Walmart, bringing the total for this round to approximately $950 million. This investment aims to enhance Flipkart's digital infrastructure and expand its grocery business, which has seen significant growth13. Despite this funding, Flipkart's valuation dropped to around $35 billion, down from $40 billion in early 2022, largely due to the demerger of PhonePe.
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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
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10 Companies With The Highest Sales Revenue 1. ๐บ๐ธ Walmart โ $610 billion 2. ๐บ๐ธ Amazon โ $580 billion 3. ๐ธ๐ฆ Saudi Aramco โ $540 billion 4. ๐บ๐ธ Apple โ $420 billion 5. ๐ฉ๐ช Volkswagen โ $400 billion 6. ๐จ๐ณ Sinopec โ $390 billion 7. ๐บ๐ธ Exxon
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Azim Premji and Ranjan Pai's family offices are set to invest approximately $100 million in Akasa Air, acquiring a minority stake, according to The Economic Times. This investment is part of a larger funding round worth $130-$140 million, which value
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๐๏ธ How did Uber's initial funding rounds impact its growth Uber's initial funding rounds were crucial in fueling the company's rapid growth and expansion. Uber raised an initial $1.25 million in angel funding from First Round Capital in 2010, which
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San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creatorsโ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi
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