Flipkart’s leadership held meetings with multiple investment bankers in recent months, including Goldman Sachs, JP Morgan, Bank of America (BofA), and Citigroup in the US
In India, the company has been in talks with heads of banks including Axis Bank, JM Financial and Kotak Mahindra Bank to understand investor appetite
While a valuation for the round hasn’t been decided yet, a pre-IPO round could provide an offramp for existing investors prior to the IPO and increase paper gains for Walmart
Ecommerce giant Flipkart…

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