India: Mutual fund investors in Flipkart stay divided over valuation

India: Mutual fund investors in Flipkart stay divided over valuation

Photo: REUTERS/Abhishek N. Chinnappa

Mutual fund investors such as Morgan Stanley, Fidelity Investments, Valic and Vanguard Group Inc.—which together hold a small stake in Flipkart—are still divided over the valuation of India’s most valuable internet start-up, which recently raised $1.4 billion in fresh capital.

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