After Walmart payout, Flipkart top gainers may turn investors

Photo: Reuters

After Walmart paid out hundreds of millions of dollars to past and present Flipkart employees late last month, wealth management advisers and financial services startups have seen a spike in activity as the beneficiaries of the Walmart buyout seek to diversify their new wealth. The top beneficiaries of the Flipkart-Walmart deal are, however, mostly planning to use their new wealth to invest in startups, venture capital funds and buy luxury products and real estate, according to 10 current and former Flipkart employees Mint spoke with.

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