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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...