Indian e-commerce firm Flipkart in talks to raise $3b from SoftBank, others

Indian e-commerce firm Flipkart in talks to raise $3b from SoftBank, others

FILE PHOTO: The logo of Flipkart is seen on the company's office in Bengaluru, India, May 9, 2018. REUTERS/Abhishek N. Chinnappa/File photo

Walmart Inc-owned Indian e-commerce firm Flipkart is in talks to raise at least $3 billion from investors including Japan’s SoftBank Group Corp and several sovereign wealth funds, Bloomberg News reported on Monday.