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Xeno.in has announced that it has raised an undisclosed amount from Techstars & METRO Accelerator Xeno is a fun social loyalty platform that connects consumers and local businesses. Consumers earn rewards at their favorite places for doing what they already do. Businesses get insights about their customers plus a marketing… Continue Reading Xeno.in gets funding from Techstars & METRO Accelerator

Krish Iyer – Walmart India CEO on Walmart Flipkart deal Krish Iyer – President & Chief Executive Officer at Walmart India Private Limited Walmart’s investment in Flipkart will (1) Lead to significant job growth; (2) Help in the mission of doubling farmers’ income; (3) Help reduce food wastage; (4) Provide… Continue Reading Krish Iyer – Walmart India CEO on Walmart’s investment in Flipkart

SAM, Khaitan, Hogan, Gunderson, CAM, Trilegal Global retail giant Walmart is buying 77% stake in Flipkart for $16 billion. The deal will probably be the biggest in the e-commerce space. The remainder of the business will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal, Tencent… Continue Reading Walmart Flipkart Deal Financial Advisors and Legal Advisors

Walmart-Flipkart Deal – Read Their Official Statement Here Image Source Read their official statement here: Subject to regulatory approval in India, Walmart will pay approximately $16 billion for an initial stake of approximately 77 percent in Flipkart, formally Flipkart Private Limited. The remainder of the business will be held by… Continue Reading Walmart-Flipkart Deal – Read Their Official Statement Here

Walmart Acquired Flipkart Walmart has acquired a controlling stake in Flipkart. Walmart Inc has agreed to pay $16 billion for 77% stakes in India’s largest commerce website Flipkart. The remainder of the business will be held by some of Flipkart’s existing shareholders including Flipkart co-founder Binny Bansal, China’s Tencent Holdings… Continue Reading Latest News India – Walmart Buys 77% stake in Flipkart for $16Bn

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