Walmart, e-commerce firm Flipkart's biggest shareholder, is set to infuse about $600 million in a new fundraise for the startup, a Flipkart spokesperson said on Thursday. Flipkart is in talks to ...
Following the ongoing talks between Walmart and Flipkart ... At the time of $1.4 Bn funds raised in April 2017, the Flipkart founder’s stake was reported to be below 5%. Adding to the trouble ...
Flipkart has raised $1.2 Bn funding round led by its majority stakeholder Walmart along with other existing shareholders. This is one of the many fund infusions received by Flipkart since the ...
Last month, Walmart acquired Tiger Global Management’s stake in Flipkart for $1.4 Bn, giving the hedge fund an exit from the Indian ecommerce startup. Earlier, Walmart said that Flipkart ...
Even as global retailer Walmart tries to convince the Competition Commission of India (CCI) to give it the necessary approval to its recent acquisition of Flipkart, it has now assured the ...
The transaction saw Flipkart ... Walmart has bought further shares of ecommerce giant Flipkart, reportedly picking up Tiger Global Management’s shares for $1.4 Bn and giving the hedge fund ...
Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. With new funds, Flipkart's valuation is set to soar ...
Flipkart was last valued at more than ... Tiger Global, and TVS Capital Fund, including its parent Walmart, crossing $12 Bn in valuation. Meanwhile, losses continue to plague the two players.
Walmart-owned Flipkart has set up an internal fund to invest across early stage startups in order to further strengthen its ecommerce operations. The fund size is estimated to be around $60 Mn ...
as well as fulfilling both present and future fund requirements Ecommerce major Flipkart’s parent entity Walmart India has moved the Delhi bench of the National Company Law Tribunal (NCLT ...
And, in case of Flipkart, as the deal is very complex ... In the case of Tiger Global’s share transfer to Walmart through its Mauritius fund, the deal papers are still not in the public domain ...
Walmart-owned ecommerce giant Flipkart is reportedly in talks with sovereign funds, private equity majors and other investors for a $1 Bn – $2 Bn funding round. The fundraise is expected to ...