Flipkart completed the acquisition of a majority stake in Pinkvilla.

Flipkart, an e-commerce marketplace, completed the acquisition of a majority stake in Pinkvilla, a digital media and infotainment company. Financial terms were not disclosed. “The investment by Flipkart is a testament to the strong platform and content we have built. We are confident that with Flipkart's support, we will be able to scale our operations and continue to deliver high-quality content that resonates with our millions of users, further strengthening our position as a leader in infotainment,” Nandini Shenoy, Pinkvilla Founder and CEO.