Day: July 15, 2020

India's Flipkart to raise $1.2 billion in Walmart-led funding
Business

India’s Flipkart to raise $1.2 billion in Walmart-led funding

By Administrator_India Capital Sands Flipkart will raise $1.2 billion in funding led by majority owner Walmart Inc , the Indian e-commerce firm said on Tuesday, as it looks to compete better with Amazon.com Inc  in a coronavirus-hit market. The investment, also funded by other existing shareholders, values Flipkart at $24.9 billion, and comes two years […]

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