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Flipkart in talks to raise $1 billion ahead of IPO: Reports
short by Aishwarya Awasthi / on Tuesday, 11 May, 2021
Flipkart is in talks to raise $1 billion from investors in a pre-IPO financing round, media reports said. It is looking to raise the amount at a valuation of up to $30 billion, TechCrunch said. Flipkart was last valued at about $24.9 billion last year when it raised $1.2 billion in a round led by Walmart.
read more at TechCrunch