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Morgan Stanley slashes Flipkart valuation 3rd time in 6 months

Morgan Stanley Institutional Fund Trust, one of the mutual fund investors in Flipkart, has once again marked down its estimate of the company's valuation. The markdown has come for the third consecutive time in the past six months. Morgan Stanley...

Flipkart valuation marked up 10 pc by investor Valic

After facing a successive markdown in the past few months by its investors, the valuation of India's largest e-commerce firm, Flipkart has been marked up by Valic Co., a mutual fund investor in the firm. Valic has marked up the...

US mutual fund Vanguard slashes Flipkart value by 25 pc

A Vanguard-managed mutual fund has marked down the value of its shares in Flipkart by 25 per cent, the fund has disclosed last month. This is the sixth markdown for the Indian e-commerce behemoth. A fund managed by Morgan Stanley has...
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Mush to shift its 100% production to India by 2025: co-founders

The company scaled from five SKUs in a single category in 2018 to over 150 SKUs across more than...
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