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Flipkart gets a valuation boost from Fidelity

Thursday, July 28, 2016 | More »

After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual fund company Fidelity Investments. The US-based company’s Fidelity Rutland Square Trust II fund has hiked the value of its shares in the company. According to filings with...


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

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...

1 July, 2016 | More »