Alex and Nick discuss news that Flipkart, an Indian e-commerce company majority owned by Walmart, has been valued at $37.6 billion after its latest fundraise. They go over the timeline of Walmart’s initial investment, how Flipkart fits into Walmart’s strategy to take on Amazon, and how regulation in India has affected Flipkart’s growth as the Indian company plots a 2022 IPO.
This is an excerpt from episode 170 of Winner Take All. Watch the full episode here: youtu.be/xEVTuAmtwuQ
Originally Aired: 08/27/21
#Flipkart #India #Walmart
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