Walmart Buys $1.4 Billion Tiger Global's Remaining Flipkart Stake

Dotted Diamond

Walmart paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce company

Flipkart supercharged the Indian startup community with Tiger Global's investment

Tiger Global's investment in Flipkart company

REUTERS/Danish Siddiqui/Illustration//File Photo

After this transaction, the value of Flipkart increased from around $35 billion to $38 billion.

Walmart's entry in Flipkart

Walmart First struck a $16 billion deal for a 77% stake in Flipkart in 2018.


Flipkart is the first Indian startup in which Tiger Global invested over $1 billion.

Flipkart shares earlier, overall  earn a profit of $3.5 billion on an investment of $1.2 billion

Image: Flipkart