Flipkart CEO personally meeting with investors to raise $2 bn ahead of IPO: Report

Walmart-owned Flipkart has explored raising $2 billion (₹18,656 crore) from private markets in a pre-IPO round, Moneycontrol reported. Flipkart CEO Kalyan Krishnamurthy has personally met with investors in Singapore, US and UK to test appetite for a private fundraise over the past months. He has also engaged with Axis Bank, JM Financial and Kotak Mahindra Bank to gauge investors' interest.