Microsoft, Tencent, eBay, PayPal and Alphabet are reportedly in talks with the e-commerce firm for a round that would value it at up to $12bn.
India-based e-commerce firm Flipkart has entered talks with a range of corporates over a funding round that could reach $1.5bn, Livemint reported today, citing three people familiar with the matter.
Software provider Microsoft, internet group Tencent, e-commerce firm eBay and online payment platform PayPal are all in the frame for the round, which would value Flipkart at between $10bn and $12bn pre-investment.
Internet and technology conglomerate Alphabet’s growth equity arm, CapitalG, is also a prospective investor according to one source,…
