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Walmart Finalized $20 Billion Flipkart Deal

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Walmart Finalize $20 Billion Flipkart Deal,Startup Stories,Startup News India,2018 Latest Business News,Walmart Flipkart Deal,Flipkart Walmart Deal Today,Flipkart Business News,Walmart Funding News,Walmart CEO Doug McMillon,Featured,Indian Ecommerce

The much foreseen Walmart and Flipkart deal is finalized. The retail titan Walmart’s CEO McMilon is in Bengaluru exclusively to take the deal to the next level and acquire over 70% stake in the ecommerce player. This is going to be one of the largest Mergers and Acquisitions (M&A) to take place in India. The ecommerce firm will be valued at $20 billion post the deal. The deal will be made official in a town hall meeting at Flipkart’s headquarters in Bengaluru.

McMilon is also going to disclose the strategy he is likely to implement in India to the Flipkart’s employees. Google parent Alphabet Inc., will align with Walmart in the deal. Walmart would be owning a 60% stake, while Alphabet will get about 15% ownership of Flipkart. Although the transactions are supposedly to take place in Singapore where the ecommerce firm Flipkart is registered, India’s Income Tax (I-T) department keeping an eye on the deal. According to the I-T rules known as the “Retrospective Tax,” any asset which is registered or incorporated outside India shall be deemed to be situated in India if the assets are “substantially” located in India. With the ongoing talks of the deal , there is a possibility the taxmen may apply the same rules to the Walmart-Flipkart deal.

According to reports, Flipkart’s rival Amazon has been trying to invest in Flipkart and also made an offer to buy 60% of its stake. The e retailer, however, seems to show no interest in the deal and chose Walmart over Amazon. Nevertheless, Amazon is committed to invest over $5 billion in India. The company aims at making its distribution systems stronger in the country.

With the online marketplace in India growing tremendously, global investors are hugely attracted to the Indian online market. Currently, Flipkart controls nearly 40% of India’s online retail market.

This article has been updated!

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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BharatGPT

CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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New Instagram Features Let Users Customize Profiles and Share Quietly

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Instagram is rolling out two major features in June 2025 that promise to give users unprecedented creative control and privacy: grid rearranging and silent posting. The long-awaited grid rearranging tool allows users to freely drag and drop posts anywhere on their profile grid, breaking away from the traditional chronological order. This means users can now curate their profiles for a more visually appealing or thematic presentation, without the hassle of deleting and reposting content—an update especially welcomed by brands, creators, and anyone meticulous about their digital aesthetic.


In tandem, Instagram is introducing the “Post quietly to profile” feature, which lets users add photos and videos to their grid without notifying followers or pushing the content to their feeds. This silent posting option is ideal for those who want to document moments privately, experiment with new content, or maintain a cohesive grid without spamming their audience. It’s designed to reduce the pressure of public sharing, making Instagram a more comfortable space for personal expression and experimentation.

 

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