Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel

Walmart, the world’s largest retailer, has paid $1.4 billion to buy out US-based Tiger Global’s investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart’s valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan’s SoftBank, Walmart, and other investors.  Tiger Global, Flipkart co-founder Binny… Continue reading Exit from Flipkart brings windfall for Tiger Global, Binny Bansal & Accel