Tag: INQ Holdings

US retail giant Walmart to invest $560 mn in Flipkart

Walmart, a multinational retail corporation, announced it has invested $560 million in Flipkart as part of its $1.2 billion round announced in July, according to the regulatory filings made in Singapore show. The news was first reported by Entrackr. According to the filings, Walmart had been allotted 39,57,960 equity shares in Flipkartā€™s Singapore unit at…