India: Flipkart, payments arm PhonePe in talks to raise fresh capital Photo: Reuters Mihir Dalal and Anirban Sen October 1, 2018 PremiumWalmart Inc.-owned Flipkart has initiated talks with strategic investors to raise fresh capital after discussions with Google Inc. collapsed earlier this year, two people familiar with the matter said. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.