Faceoff Time for two of the largest E-commerce giants in India.
Anonymous 1
Hey I am on Medialย โขย 2m
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
โก South Korean gaming giant KRAFTONโs India arm has acquired a controlling 75% stake in Pune-based game studio Nautilus Mobile with an additional โน118 Cr (~$13.7 Mn) investment.
๐ธ This marks the first time the BGMI developer has taken a majority st
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0 replies7 likes
Kimiko
Startups | AI | info...ย โขย 17h
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
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
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
Adarsh
Hey I am on Medialย โขย 5m
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 replies5 likes
VCGuy
Believe me, itโs not...ย โขย 10m
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
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.
๐Just take a look.
PhonePe (Owned by Walmart, USA) โ 48.9%
Goog