Flipkart

Fintech & Ecommerce

India Accuses Amazon and Flipkart in Violation of Competition Laws

The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.

Fintech & Ecommerce

Google to Invest $350 Million in Flipkart

Google will acquire a minority stake in Walmart-backed Flipkart.

Fintech & Ecommerce

Flipkart to Allow Transactions With UPI Instant Payments System

The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.

News

Walmart Buys Out Tiger Global’s Flipkart Stake

Walmart bought out Tiger Global Management’s remaining stake in Flipkart, an Indian e-commerce company, for $1.4 billion.