Walmart has a lot riding on Flipkart

From taking on Amazon in India and in the US to fulfilling its retail dreams

For most, $16 billion might seem like a huge amount, but for Bentonville-based Walmart Inc it is a small price to pay as it looks to take on global e-commerce giant Amazon, which is now making rapid moves in offline retail. 

For the money it is spending on acquiring a 77 per cent stake in Bengaluru-based online marketplace firm Flipkart, Walmart hopes to finally prop up a formidable opponent against the Jeff Bezos-run juggernaut that is out to create a one-stop solution for possibly every problem in the world. 

In an investor call on Wednesday, Walmart’s senior management sitting in