Who are the biggest gainers from the Flipkart-Walmart deal?
After a $16-billion deal with Walmart, Flipkart Co-Founder Sachin Bansal has quit the startup, pocketing about $1 billion. Japan's SoftBank would exit with $4 billion after it invested $2.5 billion last year, while South African conglomerate Naspers will get $2.2 billion from a $616-million investment. Tiger Global, which invested $1 billion, is expected to sell 75% of its $4-billion stake.