Flipkart

SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing

Commerce /

Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no sales from big names such as SoftBank and Prosus, signalling investor conviction in India’s booming online retail market at a time when tech shareholders globally have been […]

SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing Read More »

India’s gig workers win legal status, but access to social security remains elusive

Transportation /

India has granted legal status to millions of gig and platform workers under its newly implemented labor laws, marking a milestone for the country’s delivery, ride-hailing and e-commerce workforce — yet with benefits still unclear and platforms beginning to assess their obligations, access to social security remains out of reach. The recognition stems from the

India’s gig workers win legal status, but access to social security remains elusive Read More »

Flipkart’s Super.money teams up with Kotak Bank to make India’s free UPI payments pay

Fintech /

India’s free digital payments revolution has upended how money moves — but not how fintechs make it. Now, Flipkart’s fintech arm Super.money is partnering with one of India’s top commercial banks, Kotak Mahindra Bank, to change that, bundling UPI payments, savings, and secured credit into a single account aimed at turning usage into profit. The

Flipkart’s Super.money teams up with Kotak Bank to make India’s free UPI payments pay Read More »

Flipkart’s Super.money quietly partners with troubled Juspay as it expands its reach

Startups /

Super.money, a financial service platform spun off last year by Walmart-owned Flipkart, has quietly partnered with payments infrastructure firm Juspay as it expands into direct-to-consumer (D2C) checkout and targets $100 million in annual revenue by 2026. The partnership comes as Juspay works to rebuild momentum after facing pushback from major payment companies earlier this year

Flipkart’s Super.money quietly partners with troubled Juspay as it expands its reach Read More »

Flipkart’s Super.money quietly partners with Juspay to expands its reach

Fintech /

Super.money, a financial service platform spun off last year by Walmart-owned Flipkart, has quietly partnered with payments infrastructure firm Juspay as it expands into direct-to-consumer (D2C) checkout and targets $100 million in annual revenue by 2026. The partnership, unaccompanied by press releases or social media posts and only mentioned in a blog post on Breeze’s

Flipkart’s Super.money quietly partners with Juspay to expands its reach Read More »

IPO-bound Flipkart gains key approvals to relocate to India

Startups /

Flipkart is in the advanced stages of securing regulatory approvals to shift its headquarters from Singapore to India, with the transition targeted for later this year, TechCrunch has learned, as the Walmart-owned e-commerce giant prepares for an Indian IPO next year. The redomiciling process has received in-principle approvals from a Singapore court, while several hearings

IPO-bound Flipkart gains key approvals to relocate to India Read More »

India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

Commerce /

India’s financial crime watchdog has filed a complaint against Walmart-backed fashion e-commerce giant Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme that disguised retail operations as wholesale trade. This complaint marks the latest move in a broader crackdown by Indian authorities, which previously targeted Amazon and

India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra Read More »

Flipkart taps Dunzo founder to lead quick commerce push

Commerce /

Flipkart has hired Kabeer Biswas, co-founder of Indian delivery startup Dunzo, as the Walmart-owned e-commerce group expands its quick commerce business in the world’s most populous nation. Biswas will lead Flipkart’s quick commerce business, called Flipkart Minutes, a source familiar with the situation told TechCrunch. The move follows Flipkart engaging with Biswas over a potential

Flipkart taps Dunzo founder to lead quick commerce push Read More »

Myntra enters India’s quick-commerce race with 30-minute apparel delivery

Commerce /

Apparel and accessories platform Myntra on Thursday launched “M-Now,” its quick-commerce offering that promises to deliver apparel and accessories within 30 minutes. Retailers in India are rushing to meet changing consumer behavior and expectations, particularly fast deliveries of groceries, beauty and lifestyle products within an hour. Myntra said M-Now will offer customers access to 10,000

Myntra enters India’s quick-commerce race with 30-minute apparel delivery Read More »