E-PaperFlipkart Funding News
Flipkart invests $201 million in Indian wholesale unit
The fresh outlay by Flipkart comes it seeks to fight off the challenge from Amazon to keep its leadership of India's growing $18 billion online retail market, and a regulatory tussle with the government
2 min read17 Jan 2019India’s FDI outflow more than doubled, FDI inflows fell 9% in 2017: UNCTAD
The drop in FDI inflows happened despite India having one of its largest FDI deals in Essar Oil stake sale, Flipkart and Paytm funding
1 min read8 Jun 2018SoftBank pushes Flipkart to focus on growth, market share
SoftBank is willing to pump in 'several billions of dollars' to help Flipkart increase its market share to 60-70% and leave Amazon India far behind
3 min read18 Dec 2017SoftBank offers to buy Flipkart shares at up to $10 billion valuation
SoftBank seeks to acquire shares from Flipkart investors, including Tiger Global, Accel, Kalaari Capital and IDG Ventures, and employees for $85-89 apiece
2 min read30 Nov 2017Valic trims Flipkart valuation to $7.9 billion
Valic's valuation markdown comes months after Flipkart raised $3 billion from SoftBank, Tencent Holdings, eBay and Microsoftan indication that some smaller investors in Flipkart are still divided over its valuation.
2 min read6 Nov 2017Did Flipkart just break the hubris meter?
Flipkart CEO Kalyan Krishnamurthy says profitability not the highest priority today. After $2.8 billion in funding this year, it's evident why
2 min read20 Sep 2017Will Flipkart deal change SoftBank, Tiger Global Management’s fortunes in India?
With the $2.6 billion Flipkart funding, SoftBank has bought its way out of a corner, and might have financed Tiger Global Management's escape too
2 min read11 Aug 2017Flipkart’s big billion day, courtesy SoftBank
SoftBank invests $1.4 billion directly in Flipkart, buys shares worth $1.2-1.4 billion from investors to become the largest investor in the firm along with Tiger Global Management
4 min read11 Aug 2017Respect Snapdeal founders’ move, talking to Flipkart now: SoftBank
SoftBank is reported to be in talks with Snapdeal rival Flipkart for investing up to $2 billion from the SoftBank Vision Fund
1 min read7 Aug 2017Flipkart aims to break even this year by paring discounts, overheads
Flipkart has set a target of breaking even at the gross profit level by the end of 2017-18 by reducing discounts, logistics and warehousing costs
2 min read18 Jul 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared