ADQ conducts talks for investing about $ 500 million in FLIPKART.
According to Arab Net, Bloomberg reported that the last funding tour is estimated at the value of Fletkart between 35 and 40 billion dollars, indicated that fund-raising will come before an initial plot could be made in 2022.
The sources said that Flipkart is seeking to collect at least $ 3 billion and could decide to increase $ 3.75 billion, as investors expressed great interest, according to Arab.
It comes, while Bloomberg, earlier this month, flipkart seeks to collect at least $ 3 billion from a group of investors including Soft Bank Group, the Singaporean GIC and the Canadian Pension Plan.
