Tag Archives: Morgan

Flipkart’s Valuation Reportedly Slashed 38 Percent by Morgan Stanley

HIGHLIGHTS Morgan Stanley has cut its valuation of Flipkart by 38 percent This puts the valuation at $5.54 billion Flipkart says this is purely theoretical Investing firm Morgan Stanley has reportedly marked down its shares in Flipkart for the second time this year. The firm has reportedly slashed Flipkart’s valuation by 38 percent in the latest round, following a 27 ... Read More »