Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported Wednesday (March 11), citing unnamed sources. The Walmart-backed firm could start the formal process of...
Retail rivals Walmart and Amazon are reportedly expanding their lending footprint in India. For Amazon, that means plans to offer loans to small business owners in the world’s most populous country, while the Walmart-owned Flipkart is exploring buy now, pay later (BNPL) products, Reuters reported...
Indian digital payments provider PhonePe is reportedly planning to go public in an IPO. The Walmart-backed company is readying preliminary documents for an initial public offering (IPO) that could raise up to $1.5 billion, Bloomberg News reported Monday (June 23), citing sources familiar with the...
The world’s most populous country is also one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” for that sector, EMQQ Global Founder Kevin Carter told CNBC in an interview Sunday (Dec. 22), “not just in emerging markets, but...
February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), […]
August 23, 2019
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two quarters and the YTD —...
June 07, 2019
While it might not look like much at first glance, an escalating legal spat between Walmart-owned, Indian eCommerce marketplace Flipkart and a small, relatively unknown New Delhi wearables maker might...
September 03, 2018
Cash continues to command the loyalties of consumers in India. However, as demonstrated this summer, the country is not only embracing digital payments, but increasingly attracting competition from some of...
May 15, 2026
Walmart tapped the brakes on Flipkart’s long-anticipated public market debut. The U.S. retail giant is telling its Indian eCommerce subsidiary to reach profitability first, Moneycontrol reported Friday (May 15), making the decision one of the clearest signals yet that Walmart is tightening financial discipline across its global operations. The move comes as Walmart itself crosses […]
March 11, 2026
Flipkart, one of India’s biggest eCommerce platforms, is preparing for a potential initial public offering (IPO) in Mumbai that could take place this year or early next year, Bloomberg reported...
November 30, 2025
Retail rivals Walmart and Amazon are reportedly expanding their lending footprint in India. For Amazon, that means plans to offer loans to small business owners in the world’s most populous...
June 23, 2025
Indian digital payments provider PhonePe is reportedly planning to go public in an IPO. The Walmart-backed company is readying preliminary documents for an initial public offering (IPO) that could raise...