In 2018 Walmart bought a roughly 77% stake in Flipkart for $16 billion—the U.S. giant’s largest-ever acquisition. Last week Walmart said it led another investment round in the startup for $1.2 billion, raising Flipkart’s valuation to $24.9 billion
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In 2018 Walmart bought a roughly 77% stake in Flipkart for $16 billion—the U.S. giant’s largest-ever acquisition. Last week Walmart said it led another investment round in the startup for $1.2 billion, raising Flipkart’s valuation to $24.9 billion