The Walmart-Flipkart deal is in its final stage and a lot of things are happening in the Indian e-commerce world. Google’s parent company Alphabet has shown interest in buying a stake of Flipkart after this deal. According to the reports, Alphabet is looking for invest some money in Indian online shopping segment and Flipkart seems to be the first choice. Note that Walmart and Alphabet already have a partnership in the US and both and Flipkart’s acquisition is making these two firms to get together again and compete with Amazon.

Flipkart’s investors including Tiger Global, Accel and South African internet are likely to sell their stakes in Flipkart to Walmart if a deal is reached.Last year, SoftBank invested $2.5 billion in Flipkart to buy 20 percent stakes and 20 percent stakes and wants Flipkart to wait for Amazon’s offer.

Amazon has been showing interest in taking over Flipkart and is indicating that its offer will be at least 10% higher than that of Walmart. But no other key shareholders in Flipkart are interested in giving their stakes to Amazon.

Walmart is aiming to buy 55% stake in Flipkart and this deal will finalize only after Softbank’s decision. Other investors are worried about Amazon-Flipkart deal as they believe that it will create a monopoly in the Indian e-commerce market with the control of more than 80% of online belonging to Amazon.

Walmart had completed its due diligence for the Flipkart deal earlier and is waiting for this partnership to start working. This is a very interesting situation for both all these companies and Indian economy as the effect of these deals will be seen at a mass number as these e-commerce giants are changing the way of doing business in India.

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