Topics: Walmart India
Business
Future of eRetail in India – a hyperlocal game is afoot
India's eCommerce market is estimated to touch $111 billion by 2024 and grow to $350 billion by 2030. Besides the global brands such as...
Business
Flipkart acquires 100% stake in online travel company ClearTrip
Walmart-owned e-commerce company Flipkart has announced the acquisition of online travel company ClearTrip for an undisclosed amount. "Under the terms of the agreement, Cleartrip operations...
Business
Report: Flipkart challenges India antitrust probe
Walmart's Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed,...
Logistics
Shadowfax raises $60 million in series D round funding from Flipkart, Eight Roads Venture, World Bank’s IFC, and others
India based logistics startup Shadowfax has raised $60 million in series D round funding from Flipkart, Eight Roads Ventures, and few others. The new round...
Business
Walmart partners with HDFC Bank launches co-branded credit card for members of Wholesale B2B cash & Carry stores
HYDERABAD: Walmart India, in partnership with HDFC Bank, on Monday launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale...
Business
Suresh Prabhu: The Government is confident of meeting $100 billion in FDI by 2020
Commerce and Industry minister Suresh Prabhu said on March 9 the government has set a target of attracting $100 billion in foreign direct investments...
Business
India’s new e-commerce policy to hit $46Bn in sales reduction by 2020
According to a draft analysis from PwC a global consultants firm, "the new restrictions and rules brought by the Indian government, Will affect the...
Business
Walmart India to open 47 more B2B stores, plans to invest $500Mn
Walmart India on Wednesday, announced its plan to invest $500 million (approx RS 3,000 crore) to open 47 more B2B stores by the end...