India: Flipkart in talks to sell small stake to Times group

India: Flipkart in talks to sell small stake to Times group

India’s largest e-commerce firm Flipkart Ltd is in talks to sell an undisclosed stake to media company Bennett, Coleman and Co. Ltd (BCCL) in a Rs.500 crore deal that will be funded partly by cash and partly by ads, four people familiar with the matter said.

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