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Flipkart to raise $1 billion from Walmart, others; Zomato offers to acquire Shiprocket

Ecommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more in todays ETtech Top 5. ....

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Walmart To Raise $2-$3 Billion For Flipkart At Over $40 Billion Valuation: Report

Walmart Inc-backed Flipkart is considering raising $2 billion to $3 billion at a valuation of more than $40 billion, Mint reported. ....

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Flipkart funding: Abu Dhabi's ADQ in talks to invest $500 million in Flipkart

Flipkart is seeking to raise at least $3 billion and could decide to increase the amount to as much as $3.75 billion, as investors have shown significant interest. ....

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'Open to Flipkart IPO, but no specific timeline yet,' says Walmart

'Open to Flipkart IPO, but no specific timeline yet,' says Walmart
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SoftBank looking to invest $600-700 million in Flipkart, three years after exit

The Flipkart IPO, which is likely early next year in the US, may get delayed If the SoftBank capital comes in as part of a larger $2 billion funding round. ....

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