India’s Flipkart gets $1.2 bn boost from Walmart

As India eases its lockdown in many regions, the country’s top two e-commerce players – Flipkart and Amazon – are now looking to replenish their war chests. In the latest round, Flipkart received US$ 1.2 billion from its parent Walmart to strengthen its India operation as it takes on its competitors Amazon and Reliance Industries’ […]