Flipkart has acquired a majority stake in Minivet AI, an AI/ML solutions provider, to enhance generative AI capabilities for e-commerce. The move aims to create interactive, immersive shopping experiences with AI-driven video and advanced product discovery
Blackstone said private equity funds managed by it have entered into a definitive agreement to buy out the existing investors -- Kalaari Capital, Helion Venture Partners and Mayfield Fund, who collectively own 60 per cent of Simplilearn.
