Speaking of Amazon — which is reportedly conducting an investigation to find whether its lawyers bribed government officials in India — the company announced today it plans to roll out the voice shopping experience feature in the Hindi language in the South Asian market ahead of the Diwali festival in early November. The e-commerce giant,…
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Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart in 2018, began exploring funding opportunities with some investors earlier this year. In recent…
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Amazon on Thursday announced a $250 million venture fund to invest in startups and entrepreneurs focusing on digitization of small and medium-sized businesses (SMBs). The announcement comes at a time when the American e-commerce group, which has previously invested over $6.5 billion in its India business, faces heat from government bodies, and the small and…
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