India's Flipkart said in early talks to raise $1b ahead of IPO

India's Flipkart said in early talks to raise $1b ahead of IPO

FILE PHOTO: The logo of Flipkart is seen on the company's office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa/File photo

Walmart Inc-owned Indian e-commerce firm Flipkart is in early talks with investors to raise at least $1 billion, the Economic Times reported on Tuesday, citing people familiar with the matter.

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