The money they stand to make

U.S retail giant Walmart’s $16 billion investment in Flipkart for an initial stake of approximately 77% will not only make the founders Sachin Bansal and Binny Bansal billionaires but will also provide blockbuster exits to the investors.

The deal values Flipkart at more than $20 billion, according to sources. Some of the major investors and how much money they stand to make is detailed here, based on data shared by business intelligence platform Paper.vc.

SoftBank

SoftBank, the Japanese tech-to-finance conglomerate, which holds about 19% stake in the company, is expecting returns of approximately $3.96 billion.

SoftBank had invested $2.5 billion through its $100 billion technology-focused Vision Fund. The investment has almost doubled, SoftBank CEO Masayoshi Son said on a post-earnings conference call.

Sachin Bansal

Flipkart was founded by IIT-Delhi alumni Sachin Bansal and Binny Bansal (not related) in September 2007. Sachin Bansal, who is exiting the company, held a 5.10% stake in the company. Mr. Bansal is expected to get $1.06 billion.

Naspers

South Africa-based global Internet and entertainment group, Naspers Limited announced the sale of its 11.18% stake in Flipkart, to Walmart for $2.2 billion representing an internal rate of return of approximately 32%. “India is one of the most exciting markets in the world,” said Bob van Dijk, Group CEO, Naspers.

Tiger Global

New York-based investment firm Tiger Global Management, which has been one of the biggest backers of Flipkart, is expected to get approximately $3.3 billion after a partial exit. The firm which was holding 22.07% in the e-commerce company would be retaining 5% of its stake in the organisation.

Accel

Accel Partners, the venture capital firm, that was one of the first investors in Flipkart, would be taking about $1.2 billion if they sell their entire stake of 5.9%.