Wal-Mart, the world’s largest retailer, is in talks to buy around 20 per cent stake in Indian e-commerce enterprise Flipkart.
Flipkart, recently augmented its kitty with funding of about USD 4 billion.
Among others, the entities that infused funds to Flipkart are - Japanese conglomerate Soft Bank about USD 2.5 billion, while Tencent, Microsoft and eBay pumped in about USD 1.4 billion.