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Two More Investors Mark Down Flipkart Stake By 20%

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Ecommerce giant Flipkart’s valuation seems to be syncing with changing investor sentiment. This time, two mutual fund investors of Flipkart have marked down the value of their holdings in the company by 20%. The two funds Fidelity Rutland Square Trust II, a mutual fund managed by Fidelity Investments and Valic Co. have marked down their stake […]

The post Two More Investors Mark Down Flipkart Stake By 20% appeared first on Inc42 Magazine.


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