---
title: "Flipkart in Conversation to Raise $3 Billion at a Valuation of Over $40 Billion"  
description: "Flipkart, a Walmart-owned Indian e-commerce company is in conversation to raise at least $3 billion (approximately Rs. 21,850 crores) from investors i"  
author: "Anonymous User"  
published: 2021-06-07  
updated: 2021-06-07  
canonical: https://www.mindstick.com/news/736/flipkart-in-conversation-to-raise-3-billion-at-a-valuation-of-over-40-billion  
category: "e-commerce"  
tags: ["business", "ecommerce", "walmart", "manufacturing", "e-commerce"]  
reading_time: 2 minutes  

---

# Flipkart in Conversation to Raise $3 Billion at a Valuation of Over $40 Billion

Flipkart, a Walmart-owned Indian e-commerce company is in conversation to raise at least $3 billion (approximately Rs. 21,850 crores) from investors including Japan's SoftBank Group & numerous sovereign capital reserves, Bloomberg [News](https://www.mindstick.com/developersection/news) proclaimed.

![Flipkart in Conversation to Raise $3 Billion at a Valuation of Over $40 Billion](https://www.mindstick.com/usernews/634367/11fc0ba5-76ca-4d50-b015-d4c618f6f107/images/cfb0933f-233b-4d47-812f-72435ea4078c.jpeg)\

The startup is striving for an estimate of around $40 billion (approximately Rs. 2,91,130 crores) & is in discussions with [Singapore](https://answers.mindstick.com/qa/99097/which-is-singapore-s-oldest-hindu-temple)'s GIC Pte., Canada [Pension Plan](https://www.mindstick.com/blog/11645/pension-plan-why-you-must-go-for-it-how) [Investment](https://www.mindstick.com/articles/13065/an-investment-in-certification-software-gives-peace) Board, & the [Abu Dhabi](https://www.mindstick.com/articles/126160/visit-abu-dhabi-tips-for-visiting-the-city-and-the-emirate) Investment Authority, the statement declared, [referring people familiar with the subject](https://www.mindstick.com/news/668/beneficial-amazon-web-services-protection).

SoftBank could fund $300 million (approximately Rs. 2,180 crores) to $500 million (approximately Rs. 3,640 crores) of the entirety by its Vision Fund II, as per the reports.

![Flipkart in Conversation to Raise $3 Billion at a Valuation of Over $40 Billion](https://www.mindstick.com/usernews/634367/11fc0ba5-76ca-4d50-b015-d4c618f6f107/images/411159fb-e166-4fff-ada3-4abd56dec6b6.jpeg)\

Flipkart, SoftBank, & the Abu Dhabi Investment Authority did not instantly acknowledge Reuters demands for explanation.

SoftBank marketed its almost 20% stake in the [e-commerce companies](https://www.mindstick.com/news/504/amazon-to-enhance-the-payment-of-its-500-000-employees) to Walmart in 2018.

The Indian [organization](https://answers.mindstick.com/qa/100623/what-is-the-role-of-the-world-health-organization-in-global-health) is in the initial steps of examining moving public in the [United States](https://www.mindstick.com/news/2228/the-united-states-claims-seagate-broke-export-laws-by-selling-huawei-hard-drives) by a contract with a blank-check firm, references close with the subject.

![Flipkart in Conversation to Raise $3 Billion at a Valuation of Over $40 Billion](https://www.mindstick.com/usernews/634367/11fc0ba5-76ca-4d50-b015-d4c618f6f107/images/e2f4c574-2132-426e-9154-0bfb15e720e0.jpeg)\

A news agency exclusively announced in September that Bengaluru-situated Flipkart was planning to go abroad-selling process as early as 2021, which could consider the company at as much as $50 billion (approximately Rs. 3,63,920 crores).

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Original Source: https://www.mindstick.com/news/736/flipkart-in-conversation-to-raise-3-billion-at-a-valuation-of-over-40-billion

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