Marketplaces, fashion, quick commerce, payments
Walmart group
In FY26, PhonePe reported revenue +11.5% year on year, and a net loss of ₹2,792 cr.
Revenue growth by business
Figures as each company's report states them; ↗ opens the report. Only the same period is compared.
PhonePe across its reports
up 62%
Each point is a figure its report states; tap a point to open the report.
What moved, biggest first
Align SKU-level forecasting and nearby inventory with local demand density, tailoring delivery promises by product and location rather than committing universally to 10 minutes.
Reported: Walmart CTO: 10-minute delivery needs more than cheap labour
CNBC-TV18
Walmart’s planned 12-month, 50-startup cohort could expand its innovation pipeline, with operational value dependent on whether incubation produces deployable retail solutions.
Reported: Walmart Global Tech and IIMK LIVE launch Deep Leap startup programme. The programme aims to engage 1,500 Indian startups and select 50 for a 12-month incubation and acceleration cohort.
The Hindu BusinessLine
On 10 October, Cleartrip ran front-page ads in The Economic Times (Bengaluru) and The Gurgaon Times that appear to apologise to Swiggy and Zomato.
Reported:
afaqs
Myntra says the festival, which began 8 October, drew demand four times normal levels in its first 24 hours, with Tier 2 and 3 cities placing more than half of orders.
Reported:
33 reports from 13 sources, incl. IMAGES Business of Fashion and Moneycontrol
PhonePe turns an abstract 70 crore user count into a concrete, watchable stunt (one speaker, 494 words per minute, about 980 days to name everyone), a template for brands that need to make scale felt rather than just stated.
Reported: PhonePe's anniversary film with Ogilvy has speed-speaker Shahu Supreme, who talks at 494 words per minute, try to name all 70 crore registered users. At that pace the task would take 980 consecutive days, which turns the scale milestone into the creative hook.
ET BrandEquity
Prioritize AI-ready product content and catalogue hygiene as Walmart’s CTO reports 35% larger baskets with Sparky and feature rollouts accelerating from six–seven months to weeks.
Reported: Walmart CTO credits Sparky AI with 35% lift in basket size
Business Standard
Use PhonePe’s reported reduction in selected audits from four days to three minutes as a benchmark for back-office AI pilots that preserve existing access controls, not evidence of readiness for consumer-facing rollout.
Reported: PhonePe says AI cuts selected audit processes from four days to three minutes
Inc42
Key numbers, latest reported season
| Business | Period | Revenue growth | Net profit |
|---|---|---|---|
| PhonePe | FY26 | +11.5% | Loss ₹2,792 cr |
| Flipkart | FY25 | Not stated | Loss ₹651 cr |
Year on year, as each business's own reports state it; each figure links to its report. Net profit growth, or the loss.
Businesses and brands
Flipkart 252 reports in 90 days
Myntra, Flipkart Minutes, Cleartrip, super.money, Ekart, Flipkart Fashion, Flipkart Shopsy, Flipkart Ventures
PhonePe 67 reports in 90 days
Walmart Global Tech 1 report in 90 days
Walmart Sourcing 1 report in 90 days
Group level: Walmart.
Who owns what: corporate.flipkart.net, the group's own site, and the companies' filings. Brands with no reports in the last 90 days are not listed.