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CCI approves Flipkart s acquisition of 7 8pc stake in Aditya Birla Fashion

CCI approves Flipkart s acquisition of 7.8pc stake in Aditya Birla Fashion Aditya Birla Fashion, in October last year, had approved plans to raise Rs 1,500 crore by issuing a 7.8 percent stake on a preferential basis to Walmart-owned Flipkart Group. 0 claps 7.8 percent minority stake in Aditya Birla Fashion by Aditya Birla Fashion, in October last year, had approved plans to raise Rs 1,500 crore by issuing a 7.8 percent stake on a preferential basis to Walmart-owned Flipkart Group. Commission approves acquisition of a 7.8 percent minority stake in Aditya Birla Fashion and Retail Ltd by Flipkart Investments Private Ltd, the regulator said in a tweet.

Flipkart picks 8 finalists for startup accelerator program; $25,000 grant

E-commerce major Flipkart on Tuesday said it has selected eight finalists for the maiden cohort of its startup accelerator program that will now undergo a 16-week mentorship program and receive an equity-free grant of USD 25,000. The Walmart-owned company had launched Flipkart Leap in August last year to help new startups grow, scale, navigate challenges, and contribute to India s growing entrepreneurial ecosystem. After a rigorous four-stage process, eight finalists were shortlisted from among more than 920 applicants across five categories: Design and Make for India; Innovations in Digital Commerce; Technologies to Empower Retail; SCM and Logistics; and Enabling Deep Tech Applications, a statement said.

Flipkart Picks 8 Finalists For Startup Accelerator Program

Flipkart picks 8 finalists for startup accelerator program The Walmart-owned company had launched Flipkart Leap in August last year to help new startups grow, scale, navigate challenges, and contribute to India s growing entrepreneurial ecosystem. PTI Flipkart took the decision after the assessment of the current situation E-commerce major Flipkart on Tuesday said it has selected eight finalists for the maiden cohort of its startup accelerator program that will now undergo a 16-week mentorship program and receive an equity-free grant of $25,000. The Walmart-owned company had launched Flipkart Leap in August last year to help new startups grow, scale, navigate challenges, and contribute to India s growing entrepreneurial ecosystem.

SaaS Startups: India-born, US-focussed

SaaS Startups: India-born, US-focussed
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