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IDG May Pull Out Of Flipkart: MarkDown Effect Or Routine Exit?

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Flipkart

When US-based hedge fund Morgan Stanley, a key investor in Flipkart, marked down the ecommerce site’s valuation from $15 Bn to $11 Bn, a few called it the beginning of the much-discussed “bubble burst”, whereas a few shrugged it off. However, the markdown ripples still seems to be rocking Flipkart’s boat. According to reports, Venture […]

The post IDG May Pull Out Of Flipkart: MarkDown Effect Or Routine Exit? appeared first on Inc42 Magazine.


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