With Walmart deal in the bag, Flipkart may now build a $1 bn M&A war chest

According to analysts, after the merger there will be consolidation in the services sector and companies are either going to align with Amazon, Flipkart or Paytm

Flipkart is gearing up for the next phase of expansion after its merger with Walmart and has kept aside around a billion dollar for mergers and acquisitions (M&As), sources said. Readying its game plan, the Bengaluru-based e-commerce giant plans to renew talks of investments in various companies such as Swiggy, BookMyShow, Pepperfry, UrbanClap, a slew of smaller firms, including insurance companies for the next stage of expansion.

According to sources, Flipkart was in talks with these firms last year for investment after receiving $2.5 billion from the SoftBank group. 

However, the talks were stalled after Walmart showed interest in buying