Walmart-owned Flipkart tests investor appetite for $2 billion pre-IPO round
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Walmart-owned Flipkart is testing investor appetite for a $2 billion pre-IPO funding round. Flipkart's CEO has met investors in Singapore, the US, and London to gauge interest.
Flipkart, owned by Walmart, is exploring a $2 billion pre-IPO funding round. The company's CEO, Kalyan Krishnamurthy, has met investors in Singapore, the US, and London to test their appetite for the investment. The funding round is expected to gauge interest from investors before a potential initial public offering (IPO). Flipkart is a major e-commerce player in India, and this funding round could be a significant step towards its IPO plans. The company's valuation and growth prospects are likely to be key factors in determining the success of the funding round.
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