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Google To Be A Part Of Walmart – Flipkart Deal

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The homegrown ecommerce site Flipkart garnered a lot of attention in the form of investments from international venture capital firms and conglomerates. The latest company in line to invest in the ecommerce startup is Google’s parent company Alphabet Inc.

According to a report by The Economic Times, people close to the matter said Alphabet Inc., would probably invest $1 billion to $ 2 billion in Flipkart post Walmart’s investment. This marks the second time Walmart would be partnering with Google. In 2017, the global retail giant partnered with the technology firm, to sell Walmart’s products on Google Express, the tech giant’s online mall which also offered personalized voice shopping for Walmart products online.

Walmart is looking to buy a 51% stake in Flipkart by the end of next week in an attempt to open another front in its escalating war with Amazon. Reports suggest Flipkart’s co founder Binny Bansal may also exit the company after the acquisition which is estimated to be at a valuation of $20 billion. Binny Bansal currently claims to own around 5.5% stake in the company he helped found 11 years ago. Sachin Bansal, on the other hand, will reportedly sell his stakes but hang around the firm in some yet to be specified role.

Along with the founders, the existing investors such as China’s Tencent Holdings and the US based Tiger Global Management will also partially exit the ecommerce firm post the initial round of investment. The Japanese major SoftBank which owns a 20.8% stake in the company may completely exit the firm during the first phase of investment, sources added. Accel Partners, South African media conglomerate Naspers and US based online marketplace eBay are the other significant shareholders of Flipkart.

Google has been on an India centric approach off late, introducing various portfolio products designed specifically for the Indian audience. The technology firm recently launched Google Home and Home Mini for the Indian market followed by Google Job Search feature. Google’s India strategy also includes the rolling out products such as smart speakers, premium laptop Pixelbook and intelligent home automation products. Reports also suggested the company is looking to make a mid range smartphone especially for markets such as India. According to Morgan Stanley, the Indian ecommerce market is expected to touch a market capitalization of $200 billion by 2026. This investment in Flipkart by Google would mark the tech firm’s foray into Indian ecommerce industry.

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Artificial Intelligence

Adopt AI Secures $6 Million to Power No-Code AI Agents for Business Automation

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Adopt AI

Adopt AI, a San Jose and Bengaluru-based agentic AI startup, has raised $6 million in seed funding led by Elevation Capital, with participation from Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and angel investors. The funding will be used to expand the company’s engineering and product teams and to scale enterprise deployments of its automation platform.

 

Founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam, Adopt AI offers a platform that lets businesses automate workflows and execute complex actions using natural language commands, without needing to rebuild existing systems. Its core products include a no-code Agent Builder, which allows companies to quickly create and deploy AI-driven conversational interfaces, and Agentic Experience, which replaces traditional user interfaces with text-based commands.

The startup’s technology is aimed at SaaS and B2C companies in sectors like banking and healthcare, helping them rapidly integrate intelligent agent capabilities into their applications. Adopt AI’s team includes engineers from Microsoft and Google, with Chief AI Officer Anirudh Badam bringing over a decade of AI experience from Microsoft.

The company has also launched an Early Access Program to let businesses pilot its automation solution and collaborate on new use cases.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

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AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

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