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Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank's approval letter.
According to Tracxn, Flipkart has raised total equity funding of $12.1 billion so far and its annual revenue as on March 31, 2024 stood at Rs 70,800 crore ($8.56 bn).
According to Tracxn, Flipkart has raised total equity funding of $12.1 billion so far and its annual revenue as on March 31, 2024 stood at Rs 70,800 crore ($8.56 bn).
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.