SoftBank in talks to invest $700 Million in Flipkart
The proposed investment from SoftBank’s Vision Fund 2 is part of a $1.2 Bn -1.5 Bn funding round
The investment will value the e-commerce major at $28-30 Billion
The funding will precede a proposed listing of Flipkart
SoftBank funding had exited Flipkart in 2018
In the same year, SoftBank sold its entire stake of 23.6% to US-based Walmart Inc