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Tag: Flipkart

Walmart intends to raise US$3bn for Flipkart to compete with aggressive rivals

October 26, 2022October 26, 2022

INDIA – Walmart is considering raising US$2-3 billion at a valuation of more than US$40 billion for Flipkart, an Indian…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Walmart-owned Flipkart to invest in grocery, last mile delivery after raising US$3.6B in latest funding round

July 15, 2021July 16, 2021

INDIA — Flipkart, a rapidly expanding e-commerce giant backed by Walmart, has raised US$3.6 billion in the latest funding round led…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Flipkart to expand warehouse capacity to strengthen grocery handling infrastructure

May 12, 2021May 12, 2021

INDIA –  Flipkart, one of the largest online grocery retailers in India, has said it plans to expand its fulfilment…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Flipkart expands grocery service to Pune amid Covid-19 movement restrictions

April 19, 2021April 19, 2021

INDIA – Walmart-backed e-commerce Company, Flipkart has launched grocery services in Pune, a sprawling city in the western Indian state…

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Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

Flipkart Grocery targets to reach 70 Indian cities in 6 months

March 3, 2021March 3, 2021

INDIA – Flipkart Grocery, one of the largest e-grocery stores in India, has expanded its grocery services to more than…

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Food service, Retail, E-commerce LATEST NEWS WORLD NEWS 

E-commerce group Flipkart acquires Walmart India and set to launch a new digital marketplace

July 25, 2020July 25, 2020

INDIA – The Flipkart group, Indian e-commerce group, has announced that it has acquired 100% interest in Walmart India Private Limited, which operates the Best Price cash-and-carry…

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Food service, Retail, E-commerce Investments & Funding News LATEST NEWS WORLD NEWS 

Walmart and Flipkart invest in Indian fresh produce supply chain startup Ninjacart

December 14, 2019December 14, 2019

INDIA – Walmart and Flipkart have announced a joint strategic investment in supply chain start-up Ninjacart to strengthen their direct…

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Agriculture & Agribusiness Financials & Economy Investments & Funding News WORLD NEWS 

India’s online grocery retail market set to reach US$10.5bn by 2023

October 26, 2019October 26, 2019

INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall…

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Investments & Funding News WORLD NEWS 

Flipkart establishes new entity FarmerMart to venture into India’s food retail sector

October 16, 2019October 16, 2019

INDIA – Walmart-owned ecommerce company, Flipkart has formed a new entity – the Flipkart FarmerMart Pvt Ltd – as the…

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Investments & Funding News New Products WORLD NEWS 

Flipkart to eliminate single-use plastic in packaging by 2021

August 31, 2019August 31, 2019

INDIA – Flipkart, the wholesale arm of the Walmart-owned e-Commerce marketplace in India, has announced that it plans to eliminate…

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Investments & Funding News Sustainability WORLD NEWS 

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  • Pennsylvania chocolate factory R.M. Palmer Company explodes, killing at least 7
  • ofi promotes Tejinder Singh Saraon to take over as new MD & CEO
  • Geia Food expands its footprint in Nordic Region with acquisition of Topfoods
  • Ivory Coast shifts manual certification for horticulture products export to digital
  • Rwanda FDA lifts ban on Nestlé cereal brand with non-compliant labeling

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