Tiger Global, Accel Mulling $1.5 Billion Stake Sale in Flipkart to Walmart: Report
Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart for about $1.5 billion (roughly Rs. 12,235 crore), the Economic Times reported on Thursday. The stake, which collectively amounts to about 5 percent, would raise Walmart‘s … Read more