Will Flipkart deal change SoftBank, Tiger Global's fortunes in India?

Will Flipkart deal change SoftBank, Tiger Global's fortunes in India?

Flipkart co-founders Binny (left) and Sachin Bansal. Photo: Hemant Mishra/Mint

When SoftBank Group Corp. pumped nearly $650 million into online marketplace Snapdeal (Jasper Infotech Pvt. Ltd) in October 2014, it marked the beginning of the storied investor’s rivalry with Tiger Global Management, and sparked a funding boom in the Indian start-up ecosystem.

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