By Syndicated Content May 10, 2021 | 11:46 PM BENGALURU (Reuters) â Walmart Inc-owned Indian e-commerce firm Flipkart is in early talks with investors to raise at least $1 billion, the Economic Times reported https://economictimes.indiatimes.com/tech/funding/flipkart-plans-a-big-billion-day-with-new-investors/articleshow/82533913.cms on Tuesday, citing people familiar with the matter. Flipkartâs fund raise plans come at a time when the company is considering an initial public offering (IPO), while it battles players including Amazon.comâs local unit and billionaire Mukesh Ambani-owned Reliance Retailsâ JioMart amid a pandemic that has seen demand for online services skyrocket. Reuters first reported in September that Bengaluru-based Flipkart was preparing for an IPO overseas as early as 2021, which could value the firm at as much as $50 billion.]