Indian e-commerce firm Flipkart's biggest shareholder Walmart is set to infuse about $600 million in a new fundraise for the startup. Zomato has made an offer to acquire closely held Indian e-commerce shipping startup Shiprocket. However, Zomato has denied the report that it's looking to acquire Shiprocket. The fundraise is part of Flipkart's efforts to raise $1 billion. Additionally, investors seek transparency from Byju Raveendran, and Kitchens@ has secured $65 million in funding.
🚨💲ETtech Top 5 | Investor body pings govt on #AIF curbs; Awfis files #IPO papers Also in this letter: ■ Kitchens@ bags $65 million #funding ■ ETtech Deals Digest ■ #Ajio to become profitable this month https://t.co/TgsV1Ew5nA
Financial Times @ft: Flipkart's $1 billion fundraise; Zomato offers to acquire Shiprocket - The Economic Times. #aiforgood #MachineLearning #robotics https://t.co/acAU4hz7ZN
Food delivery company Zomato has made an offer to acquire closely held Indian e-commerce shipping startup Shiprocket https://t.co/GWevTsmeZ5
Good morning, readers! 🌞 Start your day with these top tech stories: ■ @Walmart pumps $600 mn as @Flipkart looks to raise $1B ■ Investors seek transparency from Byju Raveendran ■ Activists call for withdrawal of telecom bill https://t.co/TlTF4SuGwZ
Zomato denies report that said it's looking to acquire Shiprocket. "No plans for any acquisition at this moment." https://t.co/DUp3CKDTEH
India's Flipkart to get $600 mln from Walmart under new fundraise https://t.co/79V5sG4AkN https://t.co/Vi6WiaC2su
Zomato has made an offer to acquire closely held Indian e-commerce shipping startup Shiprocket, sources say https://t.co/SzjWu8v83p
🚨🔥 ETtech Top 5 | Flipkart’s $1 billion fundraise; #Zomato offers to acquire #Shiprocket Also in this letter: ■ GreyOrange, BluSmart raise funds ■ Plum's FY23 financials ■ GenAI smartphones https://t.co/q426dwaUz8
⚠️ INDIA'S FLIPKART TO GET $600 MILLION FROM WALMART UNDER NEW FUNDRAISE Indian e-commerce firm Flipkart's biggest shareholder Walmart is set to infuse about $600 million in a new fundraise for the startup, a Flipkart spokesperson said on Thursday. Flipkart is in talks to… https://t.co/aFcvx2pg2H