Flipkart as valuable as India's top four retailers combined
Flipkart's current valuation of $20.8 billion is equal to the combined market capitalisation of the top four offline retailers listed in India. D-Mart, Future Retail, Aditya Birla Fashion and Retail, and Future Consumer have a combined value of nearly $21 billion. US retailer Walmart on Wednesday announced it will acquire 77% stake in Flipkart of $16 billion.