Friday, January 27, 2023

Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report

Tiger Global and Accel are reportedly in talks to sell their remaining stake in Flipkart to Walmart for about $1.5 billion (roughly Rs. 12,235 crore). Meanwhile, the stake collectively amounts to about 5 percent and would raise Walmart's ownership in Flipkart, according to a report.

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