Walmart pays $3.5Bn to buy out existing Flipkart shareholders, increases stake to over 80%

In a strategic move, American retail giant Walmart revealed that it has…

Walmart pays $1.4Bn to buy Tiger Global’s Flipkart stake, valuing Flipkart at $35Bn

Earlier this year, investment firm Tiger Global was contemplating divesting its stake…

Flipkart eyeing lower burn rates, double growth by Dec’17 to attract new investors

While the e-commerce ecosystem in India continues to show rapid growth, Flipkart…