Last Updated : GMT 09:40:38
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Thursday 31 July 2025
Last Updated : GMT 09:40:38
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Flipkart

Amazon, Flipkart battle in India for e-commerce’s ‘last frontier’

Themuslimchronicle, themuslimchronicleAmazon, Flipkart battle in India for e-commerce’s ‘last frontier’262840/85
New Delhi - Arab Today
With 100 million new Internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up. Flipkart announced this week that top international companies including Microsoft, eBay and China’s Tencent had pledged investments totalling $1.4 billion, among the largestRead more

Indian Company Attracts $1.4 Billion Investment from Microsoft and Tencent

Themuslimchronicle, themuslimchronicleIndian Company Attracts $1.4 Billion Investment from Microsoft and Tencent261114/85
Mumbai - QNA
India's top e-commerce company Flipkart said today that it received $1.4 billion from Microsoft, eBay, and Tencent in its most recent funding round. Flipkart said it was now valued at $11.6 billion after the latest round. The company said that the investment from the three companies was the largest in the history of India's internet sector. As part of theRead more

Flipkart raises $1 billion and seek a billion more

Themuslimchronicle, themuslimchronicleFlipkart raises $1 billion and seek a billion more255333/84
San Francisco - Arab Today
Flipkart Online Services has completed a $1 billion fundraising and aims to raise as much as $1 billion more over the next few months, according to people familiar with the matter, giving India’s largest e-commerce company capital to battle back against rising competition. Flipkart secured its latest funding on Friday at a valuation of about $10 billion, said the people,Read more

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