SoftBank offers to buy Flipkart shares at $10 bn valuation
Japan's SoftBank has reportedly offered to buy an undisclosed number of shares in Indian e-commerce giant Flipkart at up to $10 billion valuation. Flipkart's largest investor Tiger Global Management is also expected to sell shares worth $700 million, according to reports. Accel, IDG Ventures, Kalaari Capital and other investors will also participate in the sale, reports added.n