US-based retail giant Walmart is working with suppliers in India to meet its target of sourcing USD 10-billion goods from India for its operations worldwide, its global CEO Doug McMillon said here on ...

PhonePe is expected to use the funds to scale up its financial services play, strengthen existing businesses, and pursue ...

If successful, the IPO could value PhonePe at around $15 billion, placing it among India's most valuable fintech companies.

US-based retail giant Walmart will connect one lakh more MSMEs in the next three years to its supplier development programme ...

The Arkadelphia Regional Economic Development Alliance and Area Chamber of Commerce and the Arkansas Small Business and Technology Development Center (ASBTDC) will staff a development center employee ...

Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to provide loans directly to its customers and sellers. This development marks ...

The Walmart-owned platform confirmed on Thursday that it received the regulatory approval in March this year. This marks a major shift in India’s digital lending landscape, as Flipkart will now ...

With this regulatory nod, the Walmart-backed Indian e-commerce behemoth is ... Beyond Loans: Flipkart Bets Big on Quick Commerce Flipkart isn’t stopping with lending. It’s also doubling down on quick ...

It was valued at $37 billion last year when it raised $1 billion in a round led by Walmart. In January, Flipkart’s rival Amazon India acquired fintech lending startup Axio in an all-cash deal for $200 ...

While many e-commerce platforms currently facilitate lending through partnerships ... in a statement at the time. Walmart, which acquired a majority stake in Flipkart in 2018, currently owns ...

Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India, enabling it to directly offer loans to customers and sellers. This marks the first ...