Softbank In Talks To Invest $700M In Flipkart

by businesstoday.in posted 2months ago 2 views
Singapore sovereign wealth fund GIC and Canadian pension fund CPPIB are also in talks to invest in Flipkart. : Singapore sovereign wealth fund GIC and Canadian pension fund CPPIB are also in talks to invest in Flipkart SoftBank Group Corp is in talks with Flipkart to invest $700 million. This proposed investment is part of SoftBank Vision Fund 2's $1.2-1.5 billion funding round. With this funding, Flipkart that sold its entire stake to Walmart three years ago, will be valued at around $28 billion.

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