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January 07,2025

Flipkart cofounder to sell USD 100mn investment in Ola

Sachin Bansal, Flipkart cofounder who invested USD 100 mn in Ola in 2019 is in talks with investors to sell the stake in the ride-hailing company. Bansal has sought a premium to sell his stake by valuing the company around USD 4 billion. The move is taken as the flipkart cofounder is liquidating large holdings so as to focus solely on his fintech venture Navi.

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