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Flipkart’s Largest Investor Tiger Global Reduces Its Stake In Rival Amazon By 67%

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After Flipkart’s recent markdown and Zomato’s slashed valuation, it’s Amazon’s turn now to experience some upheaval. Tiger Global Management, which happens to be the largest investor in rival Flipkart, has reduced its stake in Amazon by nearly 67% in the March ended-quarter. A report in ET stated that the hedge fund has cut its exposure […]

The post Flipkart’s Largest Investor Tiger Global Reduces Its Stake In Rival Amazon By 67% appeared first on Inc42 Media.


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