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Flipkart’s marketplace arm, Flipkart Internet, has received a cash infusion, raising about INR 924 Cr ($111 Mn) in two parts from its related entities based in Singapore. As per ROC filing, the ...
Walmart-owned Flipkart, through its Singapore holding company, has infused INR 3,248.9 Cr (around $379 Mn) in its marketplace arm, Flipkart Internet Flipkart Internet’s revenue jumped 21% YoY to ...
SUMMARY Flipkart’s Singapore-based parent entity has invested $233 Mn (INR 1,736 Cr) in its India part The investment has come ahead of its two major sales - Flipkart TV Days and Big Bachat ...
The meeting comes on the backdrop of Flipkart’s plan to shift its base to India from Singapore. The e-commerce giant is amplifying operations for the festive season and also looking to expand ...
Flipkart Internet, the marketplace arm of the Walmart-backed company, has raked in INR 1,421 Cr (around $170 Mn) from its Singapore parent via an internal cash transfer.
Flipkart India board gave its assent for issuing 3,11,410 shares to Flipkart Pvt Ltd at a share price of INR 51,057 each In total, Flipkart Singapore has infused INR 1,594.76 Cr in its Indian ...
While the Flipkart-Walmart deal inches closer, ecommerce giant has set aside $400 Mn to buy back shares of small investors in an attempt to revamp itself as a private limited company in Singapore.
The high-level meeting comes weeks after Moneycontrol reported that Flipkart has begun groundwork to shift its base back to ...
Ecommerce major Flipkart has initiated talks to redomicile its parent entity to India from Singapore, ET reported. One of India’s most prominent technology startups and valued at approximately ...
The "multiple companies" structure isn't unique to Amazon: Flipkart does this too via a holding company in Singapore. "Flipkart Internet" is the e-commerce arm while "Flipkart India" is the B2B arm.
Singapore-based subsidiaries of Walmart-owned ecommerce major Flipkart has infused INR 466 Cr in Flipkart Internet, the arm which manages ecommerce operations of the company. According to the ...
SUMMARY In March 2018, Flipkart Singapore invested $618 Mn in its wholesale arm Its next target is a GMV of $17.6 Bn by 2020-21, the company said Flipkart is bullish on new categories such as ...
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