The company has added new fulfilment centres (FCs) and last-mile hubs in key locations, including Varanasi, Patna, Manesar, Ranchi, Ghaziabad, Agra, and Agartala. With this expansion, Flipkart’s supply chain footprint now covers 35 lakh square feet across the country and serves more than 21,000 pincodes.

The new centres include a 2 lakh sq ft facility in Varanasi, generating about 3,600 direct and indirect jobs, and a 4.5 lakh sq ft facility in Patna, which serves over 1,000 pincodes and has created more than 1,100 jobs, the company has stated. Flipkart has also operationalised a regional distribution centre in Manesar, spread over 140 acres, expected to create over 10,000 jobs and cater to a wide range of products.

Hemant Badri, Senior Vice President and Head of Supply Chain, Customer Experience & Re-Commerce at Flipkart, said the expansion was aimed at combining “the scale of large fulfilment centres with the agility of hyperlocal hubs,” while also supporting job creation.

Badri stated that in metros, last-mile delivery partners have been in short supply due to intense competition. Flipkart is mitigating this issue by providing competitive pay and other perks.

In the Northeast, Flipkart has launch edits first grocery fulfilment centre in Agartala, with a daily dispatch capacity of 5,000 orders. Beyond these, new facilities have gone live in Guwahati, Singur, and Saidham, strengthening last-mile delivery. Overall, Flipkart now operates over 100 fulfilment centres across India.

The expansion is also linked to employment generation, with Flipkart announcing more than 2.2 lakh seasonal jobs in warehousing, logistics, and delivery. The company said it is prioritising inclusivity in hiring, focusing on women, persons with disabilities, and first-time workers.

Flipkart is also scaling up its quick commerce operations with around 400 new micro-fulfilment centres and dark stores across 19 cities. According to the company, this infrastructure supports “Flipkart Minutes,” its fast-delivery service, which has seen order volumes double every 45 days since its launch.

In addition, Ekart, Flipkart’s logistics arm, has launched health camps under its Suraksha wellness programme, offering medical screenings for more than 6,000 warehouse associates across 21 facilities.

With these measures, Flipkart said it is looking to enhance delivery speed and reliability for customers during the festive season, while contributing to regional employment and strengthening its quick commerce network.

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The latest round values Juspay at $1.2 billion, the company said in a statement on Friday. The funding is an extension of its $60 million Series D round launched in April 2025.

According to a person in direct knowledge of the matter, the last round valued the company at around $900 million, effectively making this its entry into the unicorn club. A unicorn is a startup valued over $1 billion.

The transaction comprises a mix of primary and secondary investments. Juspay said the secondary component will provide liquidity to early investors and employees holding employee stock ownership plans, marking the second such liquidity event enabled by the company within a year.

Avendus Capital acted as the financial adviser to Juspay on this transaction.
The total funding amount in the company has reached close to $200 million to date.

The latest funding comes after a period of uncertainty for the company, following several large payment platforms such as PhonePe, Razorpay and Cashfree discouraging merchants from using third-party payment orchestration tools like Juspay. The moves came after Juspay secured its own payment aggregator licence, bringing it into closer competition with these players.

Juspay reported revenue of ₹540 crore in FY25, up 55% year-on-year. It posted a net profit of ₹62.3 crore during the year, after reporting losses in the previous four financial years.

Founded in 2012, the company has raised about $106 million in equity funding from investors including SoftBank Vision Fund, Accel, VEF, Kedaara Capital and Wellington, according to funding tracker data.

In the statement, Juspay said its annualised total payment volume now exceeds $1 trillion, with the platform processing more than 300 million transactions daily. Its customers include Agoda, Amazon, Flipkart, Google, HSBC, IndiGo, Swiggy, Zepto and Zurich Insurance.

The company added that it has been expanding its presence across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America, positioning itself as a global payments platform for enterprises and banks.

“Our focus over the last decade has been on solving the core complexities of global payments through first-principles engineering and design,” said Sheetal Lalwani, co-founder and chief operating officer of Juspay.

The company said it remains focused on building open-source, interoperable and modular payments infrastructure for global commerce, and is advancing its artificial intelligence capabilities to improve workforce productivity and merchant experience.

“Juspay has consistently demonstrated an ability to stay ahead of the curve by building robust, future-ready technology that powers the world’s most demanding payment ecosystems,” said Deepak Ramineedi, partner at WestBridge Capital. “Our conviction in them stems from their evolution from a payment orchestration platform to a full-stack UPI platform, and now to a core payments infrastructure provider for banks.”

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Launched by Flipkart Senior Executive Prakash Sikaria, Super.money has become a key focus for the company’s financial services and lending operations. It is one of the fastest-growing Unified Payments Interface (UPI) platforms, recently surpassing Amazon Pay in transaction volume with over 100 million UPI transactions, as per data from the National Payments Corporation of India (NPCI).

Super.money is positioning itself as a competitor to major payment platforms like PhonePe, formerly part of Flipkart.

The upcoming funding round, led by Flipkart, is expected to establish a valuation benchmark for Super.money as it prepares for aggressive expansion in 2025.

A person familiar with the negotiations stated that the company plans to dilute no more than 10% equity in this round, with final details expected to be settled by the end of the month.

Super.money had internal milestones to achieve, including surpassing 10 million transactions per month during its beta phase, which it accomplished mid-2024. This success enabled the company to roll out new products and move forward with securing additional funding.

Flipkart initially funded Super.money as a separate entity with $15 to $20 million in 2023. With the business now demonstrating product-market fit and a clear growth strategy, fresh capital is needed to fuel its future plans.

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In March 2022, the VC firm announced its seventh India-focused fund worth $650 million to focus on early, seed, and pre-seed stage startups.

According to Accel, the latest fund attracted participation from 131 undisclosed investors, highlighting strong interest in the region’s entrepreneurial ventures.

Accel’s investment strategy targets founders developing enterprise AI solutions that leverage India’s extensive IT services expertise to offer automation products. Additionally, the firm aims to support consumer-oriented companies, wealth management startups, and manufacturing enterprises, showcasing a diversified approach to fostering innovation.

With over 16 years of operations in India and Southeast Asia, Accel has partnered with companies that have reimagined industries from e-commerce and SaaS to manufacturing. The fund has made substantial investments in companies across sectors such as Amagi, Acko, BlackBuck, BlueStone, BrowserStack, Cult.fit, Flipkart, Freshworks, Swiggy, Urban Company, and Zetwerk. The fund claims to be the first institutional investor in 80% of its portfolio companies.

Recently, the firm realized a substantial return by tendering 10.5 million shares during Swiggy’s IPO, achieving a 3391% gain based on its initial investment.

In recent years, Accel has launched several key initiatives. The firm’s open-source content and community platform, SeedToScale, democratize’s company-building knowledge with actionable insights from successful founders, operators, and industry leaders. Accel’s early-stage scaling program, Accel Atoms, now in its fourth iteration, has supported 36 startups that have collectively raised over $200 million to date.

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In September 2021, Vahan had raised $8 million during its Series A round, also led by Khosla Ventures. The Bengaluru-based startup had earlier joined Airtel’s Startup Accelerator Program, with the telecom giant acquiring an 8.82% stake in the company in October 2019.

With this fresh funding, Vahan aims to advance its AI-powered recruitment technology, expanding its capabilities to support interviews in eight major Indian languages. Currently, the platform conducts AI-driven interviews in English and Hindi, with plans to broaden its reach into industries like manufacturing and retail.

Founded in 2016, Vahan has made significant strides, helping recruit over 500,000 workers across more than 480 cities. The platform has partnered with leading companies such as Zomato, Swiggy, Flipkart, Zepto, Blinkit, Amazon, Rapido, and Uber. With over 25,000 recruits joining the workforce each month through Vahan, the platform helps reduce recruitment costs and improve turnaround time.

For the fiscal year ending March 2023, Vahan reported an operating revenue of ₹29.7 crore with a loss of ₹17.71 crore. While the company has yet to file its financial report for FY24, it expects to double its growth by FY25.

Initially, Vahan faced competition from platforms like Baba Jobs and Aasaan Jobs, both of which later merged with Quikr and OLX in 2017 and 2019, respectively. Today, Vahan’s major competitor in the blue-collar recruitment space is Apna, a Tiger Global-backed unicorn that gained prominence after the pandemic.

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Tata Digital on Thursday announced that it will acquire a majority stake in digital health company 1mg stating that it is “in line with the Tata group’s vision of creating a digital ecosystem that addresses consumer needs across categories in a unified manner.” The company did not reveal the size of the deal sources as saying that that 1MG will be valued at over $400 million and founders of 1mg will continue.

1mg started off as an online pharmacy and has since expanded into insurance, patient support program, diagnostics services, doctor discovery, and teleconsultation to customers. The company operates three diagnostics labs and is also engaged in the business-to-business (B2B) distribution of medicines and other healthcare products. Founded in 2015, it has raised over $200 million across several rounds from Corisol Holding, IFC, Redwood Global and Korea Omega Healthcare Fund, Sequoia, Maverick Ventures, Omidyar, and Kae Capital among others.

“E-pharmacy, e-diagnostics, and teleconsultation are critical segments in this ecosystem and have been among the fastest-growing segments in this space, as this sector enabled access to healthcare through the pandemic. The overall market is around $1bn and expected to grow at ~50% CAGR driven by increased health awareness among consumers and greater convenience.” – Tata Digital press release

Tata Digital on a spending spree

Tata Digital, which is a 100% subsidiary of Tata Sons, is focused on building digital businesses for the Tata conglomerate, for which it has reportedly been allocated ₹12,000 crores. Earlier in April, the company infused ₹100 crore debt funds in 1mg and indicated that it will pick a 50% stake. The two companies have been in talks since November. 1MG’s rival in e-pharmacy space, Netmeds, was acquired by Reliance in August last year.

“We are delighted to join hands with one of India’s most iconic and respected conglomerates. This marks a significant milestone in 1MG’s journey to make high-quality healthcare products and services accessible to customers across India.” — Prashant Tandon, Co-Founder & CEO, 1MG

Tata’s 1MG announcement comes a few days after it announced that it will invest up to US$75 million (₹546 crores) in CureFit, another health tech company that offers digital and offline experience in fitness, nutrition, health diagnostics, consultations, and mental well-being. Tata Digital also received government approval for acquiring a majority stake in online grocery startup BigBasket in April. Tata might add to this growing list with an investment in hyperlocal delivery platform Dunzo, according to reports that emerged on Wednesday.

Super app plan on track

With the investments in BigBasket, CureFit, 1MG, and interest in Dunzo, Tata Digital is well on track to launch its “super app.” The company first indicated its plan to launch a “super app” August 2020 and said that the app will offer users a range of services offered by the Tata Group, including food and grocery ordering, fashion and lifestyle, consumer electronics and consumer durables, insurance and financial services, education, healthcare, and bill payments.

“Each of our brand’s service 10-12-15-20 million customers. We are trying to give consumers the products and services they need. Not necessarily only the Tata brands, but more. It is an open architecture. We will have a strong loyalty program, payments engine, financial products, and other categories,” said Tata chairman,” N Chandrasekaran, chairman of Tata Group, told BusinessToday.

Tata has not yet provided a launch date for the app, but when it launches, it will face tough competition from Amazon, Flipkart, Jio, Paytm, and PhonePe’s upcoming super app

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They recently announced that they would be facilitating vaccinations for over 700 corporates that support 15 million employees and their dependents
through vaccination camps which would be set either in their office or at any MediBuddy partnered
hospital. For which they have tied up with 350+ top hospitals across 130 cities such as Delhi, Chennai,
Bengaluru, Indore, Jaipur, Lucknow, Noida, and Kochi.
Amid the second wave, MediBuddy has also launched several initiatives such as Hospital Bed Availability
Tracker, a 24×7 helpline number and a Coronavirus Risk Assessment Tool to help tackle the surge of
coronavirus infection and contribute its bit in combating the virus.

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What’s fascinating about the pinnacle 10 in the Indian e-commerce area is the wealthy illustration of Indian-founded brands. While Amazon comes in at the top, there are very few different American manufacturers in these excessive ranks. It is Indian and Asian manufacturers that dominate in the pinnacle 10.

Additionally, the Indian e-commerce scene has a excellent combine between pure e-commerce gamers and brick, and mortar shops became e-commerce giants.

While the Indian e-commerce quarter is nevertheless in early improvement stages, it is a market prosperous with opportunity; with so many human beings comes so plenty room for important gamers and small gamers alike to take a large chunk out of the Indian e-commerce pie.

So far, it’s electronics that make up the most sizeable on-line retail income class in the country, at forty-eight percent, however garb is following now not too some distance at the back of at 29 percent.

1. Amazon India

American e-commerce giant, Amazon, is stated to have an target audience attain of 89 percentage in India, in accordance to Statista.

Since launching in India in 2010, the web site now generates an estimated 322.54 million month-to-month visitors, making it the best performing web site in the country, by means of a lengthy shot.

True to the normal facts that the main e-commerce class in India is electronics, the target audience pursuits in Amazon lean towards this category.

However, they additionally supply a vary of different merchandise in classes consisting of Echo and Alexa, Amazon Prime digital media, men’s fashion, women’s fashion, home, grocery, sports, automotive, and more.

2. Flipkart

While it may additionally be a hundred million month-to-month site visitors at the back of Amazon, Flipkart is an Indian e-commerce success story, inserting up fierce opposition in opposition to the worldwide heavyweights.

Founded in 2007 in India, Flipkart is a simply on line range shop that, in 2018, bought seventy seven percentage of itself to Walmart for USD$ sixteen billion.

Following the equal traits as Amazon, Flipkart is most famous amongst its clients for goods in the electronics category. However, it additionally shares a vast range of products, such as TVs and appliances, fashion, furniture, sports, books, and more.

3. Snapdeal

Another Indian-founded e-commerce giant, Snapdeal is an on-line range buying platform that has garnered a lot interest from clients and traders alike.

Since launching in 2010, Snapdeal has attracted funding from big-name traders Alibaba Group, Softbank, and Foxconn.

While the greatest class shopped from Snapdeal is electronics, the on-line keep additionally provides different product categories, along with domestic and kitchen, fashion, toys, beauty, health, books, and more.

4. Myntra

Myntra is a pure-play e-commerce site launched out of India in 2007, which has since gone on to become one of the premier fashion, home, and lifestyle e-commerce sites in the country.

It’s 2014 sale to Flipkart, in addition to the acquisition of competitor Jabong.com has helped it to grow even further. 

As a fashion retailer, Myntra stocks a range of goods from a wide variety of international and local brands, covering menswear, womenswear, kidswear, and home.

5. IndiaMART

IndiaMART is the biggest on-line business-to-business market in the country, headquartered in 1999 to join consumers with suppliers. Today, IndiaMART has round 60 percentage market share of the on-line B2B classifieds area in India.

IndiaMART connects manufacturers, suppliers, and exporters, permitting them to promote and expose their merchandise to one every other by means of the platform. Covering simply about some thing you can per chance imagine, IndiaMART has classes together with constructing and construction, industrial machinery, apparel, electronics, and even chemical, dyes, and solvents, to identify simply a few.

6. Nykaa

Nykaa is another Indian founded brand which bucked the norm beginning as a pure e-commerce platform and then expanding to open a brick and mortar location in the Indira Gandhi International Airport in 2015. 

Founded in 2012, Nykaa started as an online store selling beauty items in categories including makeup, skin, hair, appliances, personal care, fragrance, and LUXE. In more recent years, the brand has expanded its range, bringing on more brands as well as introducing its very own cosmetics and beauty line. 

7. First Cry

Founded in 2010, firstcry.com is a pure e-commerce platform that specializes in items for children and kids up to early teens. Owned by means of the Mahindra Venture, firstcry.com is the largest children’s items e-commerce website in Asia and now has brick and mortar shops throughout the country.

Anything one should think about desiring for their little ones can be observed on the platform.

Its classes consist of apparel, toys, books, feeding, and nursing items, as properly as mother and maternity products.

8. 1mg

1mg is an Indian online pharmacy making healthcare accessible, understandable, and affordable for its customers. Not only is the site a platform to purchase medicine and other healthcare products, but it acts as a portal to find information about the medication doctors prescribe them in order to better understand what they are taking. 

Founded in 2015, 1mg provides services including online consultations, lab tests, and medical information, as well as products including fitness and nutrition products and supplements, healthcare devices, personal care, Ayurveda products, and homeopathy items. 

9. Etps Marketplace

The idea for ETPS MARKETPLACE PVT LTD was born in 2019 by Two young entrepreneurs Mr. Nirendra Dubey and Mr. Umesh Gaikwad with a background in business technology, a passion for Internet marketing, and a keen understanding on how to turn websites into profit centers.

ETPS MARKETPLACE PVT LTD is an Indian E-commerce & Marketplace company headquartered in Mumbai, India.

We help small businesses, retailers, and manufacturers to bring their products to the online marketplace.

We deal In Electronics, Fashion, Accessories.

10. Sourus

Sourus is an Indian e-commerce & Marketplace company headquartered in Mumbai, India.

We help small businesses, retailers, and manufacturers to bring their products to the online marketplace.

We are one of the largest collections of Herbal and Organic products and render a wide range of reliable and authentic Natural, Organic, Ayurvedic and Earth-friendly products.

Our herbal products deal in skin care, hair care, diet & nutrition, health care, drinks, vitamins & supplements.

We offer safe and natural soothing since it is time tested and evidence base.

With this inspiration, Sourus is determined to endure the needs of present-day life with natural and safe herbal products.

The prime goal of our natural skin care products isn’t just to make your skin look beautiful for a short time, but also to nourish, feed, and revitalize your skin cells for deep-rooted healthy-looking skin.

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New Delhi: Walmart-owned e-commerce business enterprise Flipkart, will transition to electric-powered cars (EVs) via becoming a member of the Climate Group’s world electric-powered mobility initiative, EV100 through 2030, the business enterprise stated in a statement.

As a phase of this dedication and to assist wider adoption of EVs, Flipkart is committing to a phased integration of electric powered motors into its complete fleet (directly owned or leased company fleets) via 2030.

This will be achieved thru putting necessities in provider contracts, putting in charging infrastructure shut to its 1,400 grant chain premises, conducting consciousness programs, and incentivizing shipping executives closer to the use of electric-powered vehicles, the organization said.

“Our dedication to the Climate Group’s EV100 initiative ties in with this large imaginative and prescient of environmental sustainability and permits us to analyze from the most forward-thinking international views as section of the EV100 ecosystem.

With our scale & scope and severe center of attention on Sustainability agenda, we accept as true with we can play a huge function in now not simply fast-tracking the adoption of electric powered automobiles however additionally making smooth mobility mainstream,” stated Kalyan Krishnamurthy, CEO, Flipkart Group.

According to the company, over the previous year, Flipkart has labored closer to growing a huge community of ecosystem companions throughout charging providers, regulators, policymakers, ability improvement agencies, aggregators, and OEMs to work on a variety of areas.

These consist of designing and the manufacturing of EVs optimized for e-commerce whilst assisting market demand for EVs to emerge as a mainstream mobility solution.

“The Climate Group is overjoyed to see Flipkart signing up to EV100 and step up to lead the adoption of electric powered automobiles in the e-commerce zone in India.

Flipkart will play a substantial function in fostering innovation in science and replacing understanding on e-mobility inside our world community of committed businesses.

To assist make swift emissions cuts and enhance air fine for the long-term, we urge greater Indian businesses to comply with suit, sending an effective sign of assist to policymakers wishing to see a quicker roll-out of EVs,” stated Divya Sharma, India Executive Director, Climate Group.

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