Flipkart investors agree to sell stake to Walmart: Reports
US-based Walmart has reached an agreement on buying the stakes of key Flipkart investors including Tiger Global Management, Naspers, Accel, and Tencent Holdings, as per reports. However, Flipkart's biggest stakeholder SoftBank is seeking a better price to sell the stake at around $15-17 billion, reports added. Walmart had offered $10-12 billion to acquire a majority stake in the Indian startup.