Morgan Stanley fund marks down Flipkart’s valuation again3 min read . Updated: 01 Mar 2017, 04:50 AM IST
Flipkart has been marked down for the fifth consecutive quarter by Morgan Stanley
Bengaluru: A mutual fund managed by Morgan Stanley has marked down the value of its holdings in Flipkart for the fifth consecutive quarter, even as India’s most valuable internet start-up looks to close a fresh round of funding where it may end up raising as much as $1.5 billion from new and existing investors.
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