Walmart's Flipkart in early talks to raise $1 bln - ET
By Sain in Business
Updated 3 years ago
Walmart Inc-owned (WMT.N) Indian e-commerce firm Flipkart is in early talks with investors to raise at least $1 billion, the Economic Times reported on Tuesday, citing people familiar with the matter. Flipkart's fund raise plans come at a time when the company is considering an initial public offering (IPO), while...