Walmart - Entrepreneur News Network

Walmart Investigates Flipkart Over Alleged ₹150 Crore Vendor Kickbacks

November 1, 2026 by Ruchi Kumar

1st, November, 2026 – Walmart has reportedly launched a fresh internal investigation into Flipkart following whistleblower allegations that employees in its smartphone and luggage-and-travel-accessories businesses accepted more than ₹150 crore in vendor kickbacks. The reported inquiry marks the third internal probe into alleged financial misconduct at the Indian e-commerce company in less than three years. … Read more

Flipkart Group named Walmart’s Dan Bartlett to Board of Directors

November 22, 2024 by Entrepreneur News Network Bureau

Flipkart Group has announced the appointment of Dan Bartlett, Executive Vice President of Corporate Affairs at Walmart Inc., to its board of directors. This strategic addition follows the recent appointment of Lydia Jett, former SoftBank Managing Partner, further strengthening Flipkart’s leadership team. Dan Bartlett’s Extensive Expertise As Walmart’s corporate affairs leader, Bartlett brings a wealth … Read more

Walmart backed Flipkart Invests $116 Million in Myntra

April 15, 2022 by Entrepreneur News Network Bureau

According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more