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Walmart’s Flipkart raises $3.6B in latest funding round

The Economic Times 07/12/2021

Walmart’s Flipkart has raised $3.6 billion in a new funding round, bringing its valuation up to $37.6 billion. The Indian e-commerce company was acquired by Walmart for $16 billion in 2018. The U.S. retailer will hold about three-quarters of Flipkart’s shares after the funding round is complete.

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