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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

Walmar, Flipkart
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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 ...