Page 15 - Accel News Today

Walmart has bought out Flipkart early investors Accel, Tiger Global and co-founder Binny Bansal has also fully divested his stake in Flipkart which is valued at around $35 billion.

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday, citing ......

Franklin Templeton, Oryx group and Antara Capital have also fully sold their shares to Walmart, while Qatar Investment Authority has part-sold its holding to Walmart, the filings showed.

Sachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. Now, 16 years after starting the ecommerce company, Binny, too, has sold all his Flipkart shares to the US retail giant Walmart.

ML Elevate will provide generative AI startups access to AI models and tools, business and technical mentorship, curated resources, the AWS Activate programme, and up to $200,000 in AWS Credits.

Franklin Templeton, Oryx group and Antara Capital have also fully sold their shares to Walmart, while Qatar Investment Authority has part-sold its holding to Walmart, the filings showed.

Generative AI start-ups that have a minimum viable product (MVP) ready and plan to seek funding within the next 12-18 months can apply for the program

The fund infusion this week marked a steep 88% decline from the same period last year when startups raised $339 million across 45 rounds.

After a long, dark funk, the online gaming industry in India might have something to cheer for, albeit prematurely. The Goods and Services Tax (GST) Council will meet on August 2 to deliberate on legal amendments for the levy of 28% GST on online gaming. This and more in todays ETtech Morning Dispatch.

Together Fund, an early-stage venture capital firm, led by founders of Freshworks, Eka Software and former Accel and Matrix executives, has marked the first close ......