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BusinessQuiet 14d · day 15

Walmart investigates Flipkart over ₹150 crore employee kickback allegations

Walmart has launched its third investigation into Flipkart in less than three years, following whistleblower complaints of employee kickbacks in smartphone and accessories categories.

What to know

  • Walmart is investigating Flipkart over employee kickbacks exceeding ₹150 crore ($15.7 million) from brands in smartphones and accessories categories, based on whistleblower complaints.
  • This is the third investigation Walmart has launched at Flipkart within less than three years, suggesting recurring compliance or governance issues.
  • Flipkart asserted it maintains robust governance structures in response to the probe.

“This marks the third investigation Walmart has conducted at Flipkart in less than three years”

Moneycontrol, Reporting outlet · Investing.com News ↗ · Oct 29

Walmart Parent company investigating subsidiaryFlipkart E-commerce subsidiary under investigation

Walmart investigates Flipkart over ₹150 crore employee kickback allegations
Investing.com News

How it unfolded 2 developments, newest first · click a bar or a number to jump articles

Peak 15 pieces in 4h at Oct 29, 10 PM; 17 pieces over 15 days (17 articles) Oct 29, 10 PM — 15 pieces · 15 articles — Google News 14, Newswires 1Oct 30, 2 AM — quietOct 30, 6 AM — quietOct 30, 10 AM — quietOct 30, 2 PM — quietOct 30, 6 PM — quietOct 30, 10 PM — 2 pieces · 2 articles — Google News 2Oct 31, 2 AM — quietOct 31, 6 AM — quietOct 31, 10 AM — quietOct 31, 2 PM — quietOct 31, 6 PM — quietOct 31, 10 PM — quietNov 1, 1 AM — quietNov 1, 5 AM — quietNov 1, 9 AM — quietNov 1, 1 PM — quietNov 1, 5 PM — quietNov 1, 9 PM — quietNov 2, 1 AM — quietNov 2, 5 AM — quietNov 2, 9 AM — quietNov 2, 1 PM — quietNov 2, 5 PM — quietNov 2, 9 PM — quietNov 3, 1 AM — quietNov 3, 5 AM — quietNov 3, 9 AM — quietNov 3, 1 PM — quietNov 3, 5 PM — quietNov 3, 9 PM — quietNov 4, 1 AM — quietNov 4, 5 AM — quietNov 4, 9 AM — quietNov 4, 1 PM — quietNov 4, 5 PM — quietNov 4, 9 PM — quietNov 5, 1 AM — quietNov 5, 5 AM — quietNov 5, 9 AM — quietNov 5, 1 PM — quietNov 5, 5 PM — quietNov 5, 9 PM — quietNov 6, 1 AM — quietNov 6, 5 AM — quietNov 6, 9 AM — quietNov 6, 1 PM — quietNov 6, 5 PM — quietNov 6, 9 PM — quietNov 7, 1 AM — quietNov 7, 5 AM — quietNov 7, 9 AM — quietNov 7, 1 PM — quietNov 7, 5 PM — quietNov 7, 9 PM — quietNov 8, 1 AM — quietNov 8, 5 AM — quietNov 8, 9 AM — quietNov 8, 1 PM — quietNov 8, 5 PM — quietNov 8, 9 PM — quietNov 9, 1 AM — quietNov 9, 5 AM — quietNov 9, 9 AM — quietNov 9, 1 PM — quietNov 9, 5 PM — quietNov 9, 9 PM — quietNov 10, 1 AM — quietNov 10, 5 AM — quietNov 10, 9 AM — quietNov 10, 1 PM — quietNov 10, 5 PM — quietNov 10, 9 PM — quietNov 11, 1 AM — quietNov 11, 5 AM — quietNov 11, 9 AM — quietNov 11, 1 PM — quietNov 11, 5 PM — quietNov 11, 9 PM — quietYesterday, 1 AM — quietYesterday, 5 AM — quietYesterday, 9 AM — quietYesterday, 1 PM — quietYesterday, 5 PM — quietYesterday, 9 PM — quietToday, 1 AM — quietToday, 5 AM — quietToday, 9 AM — quietToday, 1 PM — quietToday, 5 PM — quietToday, 9 PM — quiet 12
Oct 31Nov 2Nov 4Nov 6Nov 8Nov 10now · 10:17 PM ET
  1. 2

    Flipkart states it maintains robust governance structures

    Flipkart responded to the Walmart probe by asserting that it has robust governance measures in place, though specifics of the response were not detailed in the coverage.

    1. first by Inc42, 13d ago

      1 more headline
  2. 1

    Investigation marks third Walmart probe of Flipkart in under three years

    The investigation is the third conducted by Walmart at Flipkart within less than three years, indicating a pattern of compliance or governance concerns at the e-commerce subsidiary.

    “Walmart has launched an investigation into Flipkart following allegations that certain employees received kickbacks exceeding 1.50 billion rupees ($15.7 million)…”
    — Investing.com, News outlet · source
    1. first by Firstpost, 15d ago · also Storyboard18, Inshorts, CNBC TV18, Upstox, The 420.in

      7 more headlines
    2. first by Investing.com South Africa, 15d ago · also Retail Insight Network, Business Today, Investing.com News, Investing.com India

      3 more headlines
  3. background

    Walmart launches investigation into Flipkart over alleged kickbacks — Walmart initiated an investigation into Flipkart following whistleblower allegations that certain employees received kickbacks exceeding ₹150 crore from brands in smartphones and luggage/travel accessories categories, particularly in the B2B segment.