Flipkart raises about $3.6 bn from GIC, SoftBank, Walmart, and others; valuation hits around $37.6 billion
In July last year, Flipkart had announced a $1.2 billion (roughly ₹9,048 crore) fundraising led by its majority shareholder Walmart.In 2018, Walmart Inc had invested $16 billion for acquiring a 77 % stake in the group
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