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31 Jan – 4 Feb 2018
Flipkart allotted 39,57,960 equity shares at $141.6 per share to Walmart for the US firm’s investment. INQ Holdings, the subsidiary of Qatar Investment Authority, also invested $8.14m for 57,477 shares in Flipkart. The latest financing in Flipkart follows Tencent’s $62.8m infusion in the Indian e-commerce company.