Faceoff Time for two of the largest E-commerce giants in India.
Anonymous 1
Stealth • 2d
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.
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
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.
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
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6 replies9 likes
VCGuy
Stealth • 7m
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
Recent updates on #Funding
1) Saudi VC firm Waad Investment onboards Omani Investment Authority’s technology arm for $200 million fund
2) Jashvik Capital acquires majority stake in Laxmanrekha insecticide maker
3) Mizuho nearing a majority stake a
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0 replies6 likes
Jeet Sarkar
Stealth • 1y
Indian technology company Wipro will acquire insurtech firm Aggne Global Inc. and its Hyderabad-based affiliate Aggne Global IT Services for $66 million or around Rs 548 crore. Initially.
The company will acquire a 60% stake in an all-cash deal, wit
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0 replies3 likes
Vaibhav Babruwan Shingde
Stealth • 9m
• Flipkart wants to acquire majority stakes of Zepto at the valuation of $ 2Billion but Zepto rejected the deal because of Zepto founders don't want to lose control over the company in future.
• But why Flipkart wants to acquire majority stakes of Z
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6 replies10 likes
Vaibhav Babruwan Shingde
Stealth • 1m
PhonePe IPO Is Coming!
• PhonePe is planning an IPO to raise capital at a valuation of $8-10 billion.
• In 2023, PhonePe raised $200 million from Walmart at a pre-money valuation of $12 billion.
• PhonePe dominates the UPI payments business with a
No, the Indian government cannot block BYD (Build Your Dreams) from operating in India as long as the company complies with Indian laws and regulations. Here’s why:
1. Foreign Direct Investment (FDI) Policy: India allows foreign companies, including
