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Walmart and Flipkart announce completion of Walmart investment in Flipkart

Updated : August 20, 2018 06:29 AM IST

Flipkart’s existing management team will continue to lead the business.
Tencent Holdings Limited and Tiger Global Management LLC will remain represented on the Flipkart board.
Walmart’s investment includes $2 billion of new equity funding.
Walmart and Flipkart announce completion of Walmart investment in Flipkart

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