Friday, 22 December, 2023

Flipkart Explores $1 Billion Funding, Secures $600 Million Commitment from Walmart

E-commerce giant Flipkart engages in discussions to raise $1 billion in funding, with retail giant Walmart committing $600 million to the investment. The potential infusion of funds emphasizes Flipkart's strategic approach to bolstering its market presence and expanding its offerings. As the talks progress, the collaboration with Walmart signifies a significant financial backing for Flipkart's growth and innovation initiatives in the competitive e-commerce landscape.