Flipkart in talks to raise $1 billion ahead of IPO

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart for $16 billion in 2018, initiated fundraise possibilities with some investors earlier this year […]...