Back

Anonymous

Anonymous 1

Hey I am on Medial • 4m

People keep saying Flipkart is an "Indian" company, but Walmart owns a majority stake. So technically, it's just a foreign company operating under an Indian brand name. At least Amazon never pretended to be local.

Reply

More like this

Recommendations from Medial

Chamarti Sreekar

Passionate about Pos... • 3m

⚡ South Korean gaming giant KRAFTON’s India arm has acquired a controlling 75% stake in Pune-based game studio Nautilus Mobile with an additional ₹118 Cr (~$13.7 Mn) investment. 🔸 This marks the first time the BGMI developer has taken a majority st

See More
Reply
7

Kimiko

Startups | AI | info... • 2m

While the Nayar family maintains the majority stake in Nykaa, significant ownership is also held by ICICI Prudential (through its mutual fund and insurance arms, totaling about 8.2%) and Harindarpal Banga (Harry Banga), the founder and Chairman of Th

See More
Reply
1
17
Image Description
Image Description

Kimiko

Startups | AI | info... • 2m

Indian Hotel’s Company Limited (IHCL) owns some of the world’s biggest hotel brands, including Taj, Claridges, Vivanta and others

2 Replies
2
19

gray man

I'm just a normal gu... • 2m

E-commerce giant Flipkart is shifting its holding company from Singapore to India, a big step ahead of its planned IPO in the next 12–15 months. The Walmart-backed company, currently valued at $36 billion, has already secured internal approvals for

See More
Reply
5
Image Description
Image Description

VCGuy

Believe me, it’s not... • 1y

A few days ago, Flipkart introduced its new UPI service, Supermoney. ⏮️The 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

See More
5 Replies
6
18
Image Description
Image Description

Adarsh

Hey I am on Medial • 7m

Flipkart is preparing for an IPO. Zepto is gearing up for an IPO. Coca-Cola is selling its 40% stake to Jubilant. And Mondelez is interested in acquiring Hershey's.

2 Replies
5
Image Description
Image Description

Mridul Das

Introvert! • 3m

India may have created huge technologically advanced Startups based on UPI but in reality it's no more Indian to be honest . US Monopolies in Indian Market in every important sectors. 📑Just take a look. PhonePe (Owned by Walmart, USA) – 48.9% Goog

See More
14 Replies
29
46

Download the medial app to read full posts, comements and news.