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Walmart To Buy Controlling Stakes In Flipkart By Next Week

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Walmart Buy Controlling Stakes In Flipkart,Walmart Buy Stakes Flipkart By Next Week,Startup Stories,Best Motivational Stories,Inspiring Stories 2018,2018 Latest Business News,Walmart Business News,Walmart Flipkart Business Deal,India Biggest Ecommerce Startup,Startup Funding News

America’s biggest retail firm Walmart Inc., may buy close to a 51% stake in India’s biggest ecommerce startup Flipkart by the end of next week. Reuters reported, according to two sources close to the matter, Walmart could acquire controlling stakes in Flipkart as early as next week.

The investment talks met a snag when SoftBank was reportedly not ready to sell its shares in the Indian ecommerce firm to Walmart. Currently, the Japan based venture firm owns about one fifth of Flipkart through its Vision Fund. However, sources report the stalemate ended but it is still unclear if SoftBank agreed to sell some of its shares in Flipkart. Sources also revealed, Walmart offered to buy SoftBank shares at a valuation of $12 billion, a price the Japanese tech investor considered to be low. MoneyControl reported Walmart may retain Flipkart’s management team including the Chief Executive Officer (CEO) Kalyan Krishnamurthy. This investment could increase Flipkart’s valuation to about $20 billion, up from $12 billion last year.

India has become ground zero for the ecommerce ecosystem with big global players looking to invest in Indian firms and break into the market. Amazon India has also gone into overdrive in an attempt to emerge as the biggest shareholder of the Indian ecommerce industry which is expected to reach a market capitalization of $ 28 billion by 2020. Flipkart, on the other hand, envisioned as the ‘Amazon of India’ has raised over $6 billion in funding rounds so far and owns India’s largest online fashion retailers Myntra and Jabong.

According to a report by Morgan Stanley, India had up to 60 million online shoppers in 2016, which makes up to only 14% of the internet user base in the country. However, by 2026, these numbers are expected to rise to over 50%. Experts suggest, in the long run, this deal between Walmart and Flipkart could be a win for both the companies. Flipkart could also be the best available option for Walmart to access India’s growing retail market, while Flipkart could leverage Walmart’s enormous funds to battle Amazon. Amazon and Walmart have been bitter competitors in America for over two decades. It will be interesting to see, to say the least, who wins this battle and who wins the war in the Indian ecommerce battleground.

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BMW’s New Logo Debuts Subtly on the All-Electric iX3: A Modern Evolution

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BMW new logo

BMW quietly debuted its new logo on the all-electric iX3, marking a significant yet understated shift in the brand’s design direction for 2025. The updated emblem retains the classic roundel and Bavarian blue-and-white colors, but sharp-eyed enthusiasts noticed subtle refinements: the inner chrome ring has been removed, dividing lines between blue and white are gone, and the logo now features a contemporary satin matte black background with slimmer “BMW” lettering. These enhancements showcase BMW’s embrace of modern minimalism while reinforcing their commitment to premium aesthetics and the innovative Neue Klasse philosophy for future electric vehicles.

Unlike rival automakers that reveal dramatic logo changes, BMW’s refresh is evolutionary and respectful of tradition. The new badge ditches decorative chrome and blue borders associated with earlier electric models, resulting in a flatter, more digital-friendly design that mirrors recent branding seen in BMW’s digital communications. Appearing first on the iX3’s nose, steering wheel, and hub caps, this updated identity will gradually be adopted across all BMW models—both electric and combustion—signaling a unified brand language for years to come.

BMW’s strategic logo update represents more than just aesthetic reinvention—it underscores the brand’s dedication to future-ready mobility, design continuity, and a premium EV experience. As the new roundel begins rolling out on upcoming BMW vehicles, it stands as a testament to the automaker’s depth of detail and thoughtful evolution, offering subtle distinction for keen observers and affirming BMW’s iconic status in the ever-changing automotive landscape.

 

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iPhone 17 India Price, Features & Availability: All You Need to Know

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Startup Stories

Apple has officially launched the highly anticipated iPhone 17 series in India, with prices starting at INR 82,900 for the base 256GB model. The new lineup includes the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and the newly introduced ultra-slim iPhone Air. Apple has removed the 128GB storage variant, making 256GB the minimum for all models. The standard iPhone 17 features a vibrant 6.3-inch ProMotion OLED display with a 120Hz refresh rate and an upgraded Ceramic Shield 2 for improved durability. It comes in fresh color options like lavender, mist blue, sage, white, and black.

The iPhone 17 Pro and Pro Max models are powered by Apple’s latest A19 Pro chip and start at INR 1,34,900 and INR 1,49,900, respectively. These Pro models feature sleek titanium frames, significant camera upgrades including 8K video recording, and up to 6x optical zoom in the Pro Max. Meanwhile, the iPhone Air, priced from INR 1,19,900, is the slimmest and lightest iPhone ever, boasting a 6.7-inch Super Retina XDR display with ProMotion technology and a triple-camera setup, positioning itself between the standard and Pro models.

Pre-orders for the iPhone 17 series commence on September 12, with sales beginning on September 19, 2025. Alongside the launch, Apple has reduced prices for the previous iPhone 16 models while discontinuing the iPhone 16 Pro and Pro Max variants. The iPhone 17 series exemplifies Apple’s ongoing commitment to enhancing display technology, camera capabilities, and overall performance, setting a new benchmark for premium smartphones in the Indian market.

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Meet the 13 Deeptech Startups Empowered by BIGShift Accelerator in India

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India’s deeptech ecosystem has reached a significant milestone with the launch of BIGShift, a premier accelerator programme by Inc42 and India Accelerator designed to empower early-stage startups developing breakthrough technologies. The first cohort comprises 13 innovative startups addressing complex challenges in fields such as artificial intelligence, aerospace, robotics, healthcare, and geospatial analytics. These startups benefitted from specialized capital-readiness training, strategic mentorship, and direct access to investors interested in supporting high-risk, high-reward deeptech ventures, making BIGShift a crucial platform for nurturing India’s next-generation technology leaders.

The accelerator programme uniquely combines virtual bootcamp sessions with a comprehensive two-day in-person masterclass, equipping startups with advanced go-to-market strategies, funding expertise, and a valuable network of experienced operator-mentors. Noteworthy startups from the cohort include ActionSync, focused on enterprise data unification; Polygon Geospatial, delivering AI-powered real-time spatial analytics; Purna AI, which innovates in preventive health through genetic biomarkers; Spacetaxi, pursuing reusable commercial rockets; and VertiFly, specializing in hybrid eVTOL aerial mobility solutions. This diverse group exemplifies the ingenuity and pioneering spirit of Indian deeptech entrepreneurship across multiple high-impact sectors.

BIGShift’s inaugural cohort not only accelerates technological development but also provides critical support mechanisms like pilot project matchmaking, regulatory guidance, and facilitating enterprise collaborations. As these 13 startups transition their groundbreaking solutions from the lab to the marketplace, BIGShift is poised to be a catalyst for deeptech innovation in India, helping transform scientific research into scalable, impactful businesses that will shape the country’s technological future.

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