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Accel, Tiger Global may look to sell Flipkart shares to Walmart, ET reports
The Fly

Accel, Tiger Global may look to sell Flipkart shares to Walmart, ET reports

Accel and Tiger Global are in discussions to sell their stakes in Flipkart to Walmart, The Economic Times’ Digbijay Mishra reports. Accel currently owns a little over 1% stake in Flipkart, while Tiger Global currently holds about 4% in the company. If a deal is finalized, Walmart would increase its stake in Flipkart from the current holding of 72%. Reference Link

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