Tiger Global Management
14 Nov 2019
SaaS unicorn Freshworks raises $150 million, crosses $3.5 billion valuation
SaaS unicorn Freshworks, which provides an integrated suite of cloud-based business/customer engagement tools, has raised $150 million in a Series H round of funding.
12 May 2018
Amid landmark Walmart-Flipkart deal, many fear for survival
This week saw one of the most important acquisitions in Indian history, as Walmart poured in $16bn into Flipkart for a 77% stake.
10 May 2018
Walmart-Flipkart deal turns many employees crorepatis: Details here
Walmart's $16bn buyout of Flipkart has brought cheer not only to India's iconic start-up, but also to 3,000 of its current and former employees who hold shares with the company.
09 May 2018
Walmart buys 77% stake in Flipkart for $16 billion
The cat is finally out of the bag - Walmart Inc. has announced its acquisition of India's leading e-commerce platform, Flipkart, for a whopping $16bn, taking 77% stake. This makes it the world's most expensive e-commerce acquisition, so far.
17 Feb 2018
Walmart may soon buy more than 40% of Flipkart: Reports
In a direct attack on Amazon, American retailer Walmart may soon buy more than 40% of India's e-commerce giant Flipkart. The talks are to begin from next week, Reuters reported on Friday.
01 Aug 2017
eBay closes sale of India arm to Flipkart
Four months after announcement of the sale, Flipkart has closed the acquisition of eBay's India arm.
01 Aug 2017
Flipkart launches budget brand 'Billion' for desi sellers and customers
Flipkart has launched 'Billion'- a 'Make-in-India'-inspired initiative that will partner with Indian sellers to cater to Indian customers.
11 Jul 2017
Flipkart may see the return of Bansals at the helm
Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.
25 Apr 2017
Flipkart to replace CEO for a day
Flipkart is planning to replace its CEO for one day, to give an employee the opportunity to see how it feels to run the company. It is a part of the company's 10th anniversary celebration.
19 Apr 2017
BigBasket engages Grofers in merger talks eyeing SoftBank funding
According to sources, BigBasket has opened up a dialogue with its comparatively smaller rival Grofers for a possible merger.
10 Apr 2017
Flipkart raises investments from Tencent, Microsoft; buys eBay.in
Flipkart has raised investments worth $1.4bn from Tencent, eBay and Microsoft, at a post-transaction valuation of $11.6bn.
21 Mar 2017
Flipkart secures $1 billion in funding, eyes $1 billion more
Flipkart manages to secure $1billion in funding in a bid to stay ahead of the competition.
26 Feb 2017
New CFO-backed Flipkart returns to the game
India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.
19 Aug 2016
Merging talks explored by Snapdeal, Flipkart, Amazon
According to sources aware of the development, Snapdeal has initiated preliminary talks with rivals Flipkart and Amazon with regards to probing a potential merger.