Binny Bansal, Tiger Global, Accel, others divest Flipkart shares worth $3b to Walmart

Binny Bansal, Tiger Global, Accel, others divest Flipkart shares worth $3b to Walmart

Flipkart co-founder Binny Bansal. Photo: Hemant Mishra/Mint

Tiger Global Management, Accel, Binny Bansal, co-founder of Flipkart, and other investors have made a full exit from the e-commerce firm, selling shares worth $3 billion to US retail giant Walmart’s Luxembourg entity FIT Holdings SARL.

Edited by: Padma Priya

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