Walmart's Flipkart raises fresh funds for $38 billion valuation as IPO looms
https://www.reuters.com/article/us-walmart-investment-flipkart/walmarts-flipkart-raises-fresh-funds-for-38-billion-valuation-as-ipo-looms-idUSKBN2EI0FN
Walmart Inc-owned Flipkart will double its valuation in less than three years to $37.6 billion after the latest funding that included SoftBank Group Corp, as the Indian online retailer gears up to go public later this year.