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Tiger Global sold 2.2% Flipkart stake, made $424 mn: Report
short by Aditi Verma / on Thursday, 1 February, 2018
US-headquartered investment firm Tiger Global has reportedly surfaced as the biggest beneficiary with $424 million after selling an estimated 2.2% stake in the firm last year to SoftBank. Tiger Global is followed by Accel India at $113.5 million. After the deal, Tiger Global's shareholding in Flipkart has decreased to 22.44%, reports added.
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