Walmart can invest $3 bn more in Flipkart at same valuation
Walmart can invest an additional $3 billion in Flipkart at the same valuation within a year of completing the acquisition of 77% stake in the Indian startup, filings have revealed. If Walmart chooses to invest the amount, its shareholding may increase by 10-12%, the reports said. Walmart will invest $16 billion in Flipkart, making it the world's largest e-commerce deal.