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Flipkart acquires majority stake in Minivet AI

PRIVATEDec 19, 2025

Acquiring Company

Flipkart

Acquired Company

Minivet AI

BengaluruCommerce and ShoppingSoftwareE CommerceFashionRetailArtificial IntelligenceE CommerceMachine LearningNatural Language Processing

Description

On December 19, Flipkart announced it has acquired a majority stake in Minivet AI. This strategic acquisition is aimed at strengthening Flipkart's Generative AI capabilities in e-commerce. Minivet AI specializes in transforming product catalogs into engaging video content, enhancing the online shopping experience. This move aligns with Flipkart's strategy to invest in advanced technologies.

Company Information

Company

Flipkart

Location

Bengaluru, Karnataka, India

About

At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago. Flipkart’s latest funding, was led by Canada’s CPPIB, SoftBank Vision Fund, along with participation from existing backers like Singapore government’s sovereign wealth fund GIC, Qatar Investment Authority and Walmart, post which the company is has now been valued at over $37.6 billion.

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Frequently asked

Who acquired Minivet AI?

Minivet AI was acquired by Flipkart, based in Bengaluru. The deal was reported on December 19, 2025. At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago. Flipkart is privately held and operates in Commerce and Shopping.

When did Flipkart acquire Minivet AI?

Flipkart's acquisition of Minivet AI was reported on December 19, 2025. On December 19, Flipkart announced it has acquired a majority stake in Minivet AI. This strategic acquisition is aimed at strengthening Flipkart's Generative AI capabilities in e-commerce. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Minivet AI do?

Minivet AI is an artificial intelligence and machine learning solutions provider, specializing in generative video technology for e-commerce. Founded in 2024, it transforms static product catalogs into engaging video content. It is privately held, operating in Artificial Intelligence.

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