Should Phonepe be worth more than Paytm’s $7.9B?
The Walmart-backed company commands nearly half of India’s digital-payments landscape. But its financials trail its smaller, listed rival
The Walmart-backed company commands nearly half of India’s digital-payments landscape. But its financials trail its smaller, listed rival
The visa-fee hike was supposed to be the turning point for these offshore units. But handing over power isn’t easy for US firms
Under Walmart’s growing impatience, the CEO struggles to hold together the e-commerce giant’s leadership as execution falters, and rivals emerge and surge ahead
They are making up for lost time by turning to a category in which they have an edge over the incumbents: electronics
In its fight against Blinkit and Instamart, the Walmart-owned e-commerce major is relying on a logistics team in need of dramatic changes to deliver packages instantly
Walmart-owned Flipkart and Walmart-owned Phonepe are both headed by ambitious CEOs. Both companies want to IPO. Both have over 500 million users. And both are also increasingly competing on each other’s respective turfs
But the Walmart-owned giant’s hypergrowth playbook hasn’t quite helped Cleartrip take off, despite a booming travel industry
As technology upends every business, the idea of a ‘second headquarters’ is gaining steam. The more traditional the business, the more the need to set up capability centres in India
The absence of salary hikes and relentless hours have pushed employees to the brink as they chase after CEO Kalyan Krishnamurthy's audacious goals
Tamil Nadu made early moves to lure large companies into setting up their global capability centres in its capital city, but has lost ground to nearby tech hubs
Decades after the Indian jute industry was declared dead, global demand for sustainable shopping bags is resurrecting it
Moving on from social commerce, the US$5 billion startup is venturing deeper into the e-commerce giants’ territory. But how far can it go without losing its USP?
With a user base of over 350 million, PhonePe is eyeing growth in its investments business. Recent acquisitions and applications for regulatory licences are part of its strategy but its biggest challenge is likely to be the cross-selling hurdle which has humbled bigger rivals like Paytm in the past
Shopsy was Flipkart’s answer to social commerce unicorn Meesho’s entry into its territory. But in its attempt to draw in low-income, tier-2-and-beyond users, the Indian e-commerce giant is burning cash faster than it can say “monetisation”
Ahead of a $10 billion IPO, Flipkart’s changing how it does business. Its wholesale arm—which earned over Rs 31,000 crore in FY20—is planning to no longer sell to vendors on its platform. Instead, it will merely connect them to brands. Industry insiders, though, aren’t convinced much will change, while brands are uncomfortable with the new arrangement
Ever since Motorola and Xiaomi burst onto the online smartphone market with the exclusive deals and flash sales, Flipkart has ridden the e-commerce wave. Until 2020, when it ceded ground to Amazon. Profitability is in the doldrums and an IPO is approaching; Flipkart’s crown jewel is in danger of dulling
3,000 people laid off. An FMCG-food category culture clash. A stagnant Mario. And finally, a $280 million funds top-up. Here's how 2020 shook up India's leading B2B unicorn
As Flipkart gears up for the biggest ever listing by an Indian company, we parse its financials to see how it stacks up against e-commerce’s heavyweights, and how investors should value it
Aided by the pandemic, 2021 will see supermarket chains and e-grocers wading further into each other’s territory
The pandemic and the US visa restrictions have now made foreign companies more dependent on development centres, owned and operated by these companies. The race for talent is now on. Could this be India’s fourth offshoring wave?
The one sector where companies have grown super fast, hit speed breakers, pivoted, and basically lived their entire lifetimes in the past decade has been e-commerce. From books to clothes to furniture to smartphones to even grocery, e-commerce has seen it all in the 2010s
American retailer Walmart wants its largest acquisition—Flipkart—recast in its own mould. From grocery arm Supermart to logistics business Ekart, Walmart is leaving no stone unturned
Not too long ago, Myntra was the fashionable jewel in Flipkart's crown. Today, the fashion e-tailer's growth is slowing, it's seen major changes in management, its Chinese wall with Flipkart is crumbling, and Flipkart Fashion has shot ahead of it. With fashion e-retail increasingly going tier-2 and Walmart shifting goalposts for Myntra, it's in a bit of a flux
From $2 billion in 2018, Flipkart-owned PhonePe is worth ~$10 billion today. As it has grown, its reliance on Flipkart has shrunk. Once, 50% of its monthly transactions came through Flipkart. Today, this is less than 0.5%. But as PhonePe looks to fly the nest, it must figure out its business model
From grocery space laggard, Flipkart is aiming to not just draw level with its rivals, but overtake them. Along the way, it could finally realise Walmart’s vision for it
Udaan, whose founders came from Flipkart, became a billion-dollar unicorn in just over two years because it hit India’s massive and untapped B2B opportunity at the right time and place. Can it pull off another Flipkart?
Nykaa was one of the first to jump on the online cosmetics bandwagon. But now, retailers from Shoppers Stop to Myntra and Amazon want in—and are looking to knock Nykaa off its throne
Paytm has launched a subscription-based loyalty programme to hold on to its users, but there’s a lot that just doesn’t add up
Bad laws, Flipkart, Amazon, expensive lawyers and the washing of B2B into B2C
Flipkart co-founder Sachin Bansal is lining up a second tryst with destiny. Will his entry shake up late-stage funding in India?
In the last six months, Paytm Mall has been called many things. E-commerce. Digital commerce. Offline-to-online commerce. Go big or go home kind of commerce. What it hasn’t been called is hope. Yes. Hope. A singular emotion that, after wallets, Paytm, the company founded by Vijay Shekhar Sharma, will be able to amount to something useful
With the acquisition of Flipkart, Walmart finally has the missing piece it needs to solve the Indian retail puzzle
India’s most profitable retailer is making a play for the online grocery market, but it could be a case of too much, too soon
Why Walmart’s acquisition of Flipkart has little to do with Indian e-commerce
Between big solar and households, a few companies are striking gold in commercial rooftop solar. As cheap imported modules flood India, these guys claim they deploy cutting-edge tech