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Indian Startups Find the Fundraising Party Is Winding Down

Sending ripples through the industry, a Morgan Stanley fund marked down India's Flipkart value by more than a quarter to $11 billion, less than a year after financing clinched a $15 billion valuation.
From left: Flipkart co-founders Sachin Bansal and Binny Bansal with Ankit Nagori | Source: Flipkart
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  • Bloomberg

MUMBAI, India

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