PhonePe to acquire WealthDesk and OpenQ for about $50 million and $20 respectively according to the sources. PhonePe has invested over $60 M on acquisitions as per the data analytics platform Tracxn
Walmart, controlled by the family, fell 11 per cent in New York trading after the Bentonville, Arkansas-based company reported earnings that lagged analysts' estimates
The government's so-called ONDC platform will allow buyers and sellers to connect and transact with each other online, no matter what other application they use
Zipline, founded six years ago, already is in service in the US, where it has partnered with Walmart Inc. to deliver other products at the retail chain as well as drugs
Post the acquisition ANS Commerce will continue to operate as an independent e-commerce solutions platform under its existing leadership team, Flipkart said in a statement
Described as a "super-app" and in the pipeline since at least mid-2020, the website called it "a unified platform that connects several brands across the Tata universe like never before"
India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious goal of exporting USD 10 billion from India each year by 2027
India is already one of Walmart's top sourcing markets, and the company has set an ambitious goal of exporting $10 billion from India each year by 2027.
Walmart has been sued by the California Attorney General and 12 state district attorneys, over its alleged improper disposal of electronic and hazardous waste, compromising local landfills