Deal Dive: Most secondary sales in venture won’t look like Tiger’s Flipkart deal
TechCrunch
AUGUST 5, 2023
Tiger Global’s recent secondary deal, in which it sold its stake in Indian e-commerce giant Flipkart to Walmart for $1.4 To recap, Walmart is already a majority shareholder in Flipkart, and this new deal valued the online marketplace at $35 billion, a minor 7% valuation haircut from its last publicly announced valuation of $37.6
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