Walmart-Flipkart deal: Retail sector continues to attract investors

Flipkart had seen the highest investment in terms of number of investments and value infused in the last four years, followed by Snapdeal, Paytm and Big Basket

The Walmart-Flipkart deal has once again proved that the retail space is one of the biggest bets for investors, including strategic and financial investors. Over the last few years, investments into this sector have grown four to five times.

According to financial services firm EY, the retail and consumer products (RCP) sector in 2017 reported 109 deals as against 83 in 2016. The aggregate disclosed deal value stood at $2.9 billion, more than four times as compared to the previous year ($637 million). This was primarily owing to one big-ticket deal in which a consortium comprising Tencent Holdings, eBay and Microsoft