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Walmart-controlled Flipkart eyes overseas IPO by 2021

Walmart-controlled Flipkart eyes overseas IPO by 2021

It could value the e-commerce giant up to $50 Bn

Flipkart is likely to choose between Singapore and the U.S for IPO

Walmart acquired 77% stake in Flipkart for around $16 Bn in 2018

This deal remains the single largest foreign direct investment in India

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