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Walmart backed Flipkart Invests $116 Million in Myntra

Walmart-backed-Flipkart-Invests-116-Million-in-Myntra

According to regulatory papers issued by the firm, Walmart-backed Flipkart invested $116 million in apparel retailer Myntra on March 25th. The news comes just days after the e-commerce giant announced that it will list in the United States next year and that its IPO valuation target has been upped by a third to $60-70 billion. … Read more