The Walmart-Flipkart Deal: A Game Changer In Indian E-commerce

Deal Structure:
Acquisition Type: It was a combination of primary and secondary investment.

Primary Investment: Walmart invested $2 billion in new equity into Flipkart, providing the company with fresh capital for growth.

Secondary Investment: Walmart bought 77% of Flipkart shares from investors like Tiger Global, Tencent, Microsoft, and co-founder Binny Bansal for $16 billion. This made Flipkart worth $20.8 billion.

This was Walmart's biggest-ever acquisition and one of the largest-ever acquisitions in the global e-commerce sector.