Flipkart sets up $100 Mn Internal Fund to Invest in Early Stage Startups

Walmart-owned Indian e-commerce giant Flipkart has set up an internal fund of about $60-$100 million to invest across early-stage startups in areas of including fintech, supply chain and SaaS, reported Economic Times citing people privy to the development. In a first such move by Flipkart, it intends to obtain a