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Flipkart in talks to raise $1 billion ahead of IPO

TechCrunch Flipkart in talks to raise $1 billion ahead of IPO

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart for $16 billion in 2018, initiated fundraise possibilities with some investors earlier this year […]

Posted by:TechCrunch
Posted on:  5/11/2021

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