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Walmart Inc (NYSE: WMT)-owned Indian e-commerce retailer Flipkart said on Monday it has raised $3.6 billion from a consortium of investors including Japan’s SoftBank Group (OTC: SFTBY), which returns as a financial backer. What Happened: The fresh fundraise values the online retailer at $37.6 billion and comes at a time as the Bengaluru-based startup is exploring listing in the United States.
...read full article on Benzinga
