Startup Atlas

Walmart Investor

● Bentonville, Arkansas ● Founded 1962 ● walmart.com ↗

Walmart is the world's largest retail corporation, headquartered in the US, making strategic investments in Indian e-commerce and retail-tech companies.

UndisclosedTotal funding (tracked)
0Funding rounds
—Last round
9Tracked investments

Walmart: Funding Rounds

No funding rounds tracked for Walmart yet.

Walmart: Recent Investments

DateCompanyRoundAmount
22 Dec 2023 Flipkart Undisclosed $600 Mn
17 Mar 2023 PhonePe Growth/Primary (Walmart tranche) $200 million
14 Dec 2021 Ninjacart Undisclosed $145 Mn
11 Jul 2021 Flipkart Undisclosed $3.6 Bn
2 Dec 2020 PhonePe Primary funding / partial spin-off from Flipkart $700 million
12 Oct 2020 Ninjacart Undisclosed ~$30 Mn (ET estimate; exact quantum not disclosed by Walmart/Flipkart)
14 Jul 2020 Flipkart Undisclosed $1.2 Bn
11 Dec 2019 Ninjacart Undisclosed ~$50 Mn (unconfirmed estimate, deal size not disclosed by company)
9 May 2018 Flipkart Undisclosed $2 Bn (fresh equity only)

Acquisitions

DateAcquirerAcquiredAmountSource
9 May 2018 Walmart Flipkart $16 Bn for a 77% stake source

News on Walmart

FAQs on Walmart

What does Walmart do?

Walmart is the world's largest retail corporation, headquartered in the US, making strategic investments in Indian e-commerce and retail-tech companies.

Where is Walmart headquartered?

Walmart is headquartered in Bentonville, Arkansas, India.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.phonepe.com · Last verified 21 Oct 2026. · Report a correction