Walmart, primarily through its Store No. 8 venture arm, invests in and incubates early-stage companies focused on the future of retail. Its strategy targets disruptive technologies and innovative solutions that can transform customer experiences, supply chains, and operational efficiencies.
36% of their portfolio is in Fintech. Their most common stage is growth (73% of deals). Average disclosed round size is $977.1M (across 10 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Growth
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 PhonePe | Growth | $200M | Mar 2023 |
| PhonePe | Growth | $350M | Jan 2023 |
 Level Home Inc. | Series C | $100M | Nov 2021 |
 Flipkart | Growth | $3.6B | Jul 2021 |
| Flipkart | Growth | $1.2B | Jul 2020 |
| Level Home Inc. | Unknown | $71M | Oct 2019 |
| PhonePe | Growth | $700M | — |
| SSustainable Beef | Unknown | — | — |
 Cruise | Growth | $2.8B | — |
 One | Growth | $300M | — |
| DDada-JD Daojia | Growth | $500M | — |
Top Co-Investors
SoftBank Vision Fund2 shared
General Motors Ventures1 shared
Ribbit Capital1 shared
GIC1 shared
Qatar Investment Authority1 shared
Tencent Investment1 shared
Tiger Global Management1 shared
DisruptAD1 shared
Willoughby Capital1 shared
Franklin Templeton1 shared
General Atlantic1 shared
JD.com1 shared
Last updated: 15 April 2026