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New Deal


Announced

Completed

Walmart-backed Flipkart completed the acquisition of Yaantra.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Majority

Domestic

Friendly

Electronic Components and Equipment

computer repair

Acquisition

Private

India

phone repair

Completed

Synopsis

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Walmart-backed Flipkart, an e-commerce platform, completed the acquisition of Yaantra, an electronics recommerce firm. Financial terms were not disclosed. "Through the acquisition of Yaantra, we are enhancing our capabilities in a domain that is critical for the growth of the digital economy in India, as well as developing a comprehensive service ecosystem to support its expansion," Ravi Iyer, Flipkart Senior Vice President.

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