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Flipkart’s valuation blues continue as Vanguard joins the markdown bandwagon

Friday, July 1, 2016 | More »

Flipkart continues to battle valuation blues with US-based investment firm Vanguard Group becoming at least the fifth investor to mark down the value of its stake in the e-commerce company. Vanguard slashed the holding value of its investment in Flipkart by as much as 25% in the quarter through Marc...


Tech startups: Time for a reality check?

Has the moment of reckoning arrived for Indian internet companies? As India’s e-commerce poster boy Flipkart suffered its fifth markdown this week, this was the question that was on everyone’s lips. Around $5.8 billion has been shaved off its mid-2015 value of $15.2 billion when it last ...

28 May, 2016 | More »


Morgan Stanley now values Flipkart less than $10 billion

Indian e-commerce firm Flipkart has suffered its fifth markdown after a mutual fund managed by global financial services firm Morgan Stanley slashed the value of its stake in the company by 15.5%. The Morgan Stanley Institutional Fund Trust estimates each Flipkart share is worth $87.86 at the end of...

27 May, 2016 | More »


Markdowns haunt Flipkart again as two more investors slash stake value

A growing number of Flipkart investors are realising that India’s top e-commerce firm is overvalued, though there is no unanimity by how much. American mutual funds Fidelity Rutland Square Trust II and Valic Co. have joined US asset management firm T. Rowe Price and Morgan Stanley in reducing the ...

4 May, 2016 | More »