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With New $3.6B Funding, Is Flipkart Closer to an IPO?

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Investor confidence in Flipkart and the overall e-commerce ecosystem in India is building—so much that the Walmart-owned online giant secured $3.6 billion in funding. The new funding is well ahead of the initial $1 billion to $2 billion investment speculation that was initially floated in May and brings the company’s IPO chatter back to the…

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