E-commerce giant Flipkart in no rush to go public
By Nivedita Bhattacharjee and Clara Ferreira-Marques BENGALURU (Reuters) - India's biggest e-commerce firm Flipkart will remain private for the next three years at least, its chief financial officer said, nixing speculation that it would launch this year an IPO that some bankers had expected to raise a record $5 billion. Flipkart, an online marketplace that analysts estimate to be worth $11 billion, has benefited from the foreign funds that have sloshed into India's rapidly growing onl
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