Flipkart people who got richer spending money in 3 ways: Ex-CBO
Flipkart's former Chief Business Officer Ankit Nagori has said "there are three buckets where Flipkart people are spending" after the $16 billion Flipkart-Walmart deal. "One is on buying cars and bikes and...luxury items...Secondly...people are investing in mutual funds and other investment vehicles," he said. "The top earners will invest in startups and become limited partners in venture funds," he added.