Faceoff Time for two of the largest E-commerce giants in India.
Anonymous 1
Hey I am on Medial • 1m
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
⚡ 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
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
Adarsh
Hey I am on Medial • 3m
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, it’s not... • 9m
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
is there anyone who owns a digital marketing / advertising or an IT company ? please msg me https://wa.link/gjl4lt
0 replies2 likes
Mridul Das
Introvert! • 1d
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
Who owns $6.4 billion CRED. (Based on available data on the internet)
Funds (Institutional Investors): Held the majority stake at 72.49%.
Founder (Kunal Shah): Owned 12.17% of the company.
Employee Stock Ownership Plan (ESOP) Pool: Accounted for 1
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
