4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. Jeeves is among the many players in the corporate card space \u2014 but CEO and founder Dileep Thazhmon believes it\u2019s got an advantage over competitors in that it can serve clients in Latin America (its biggest market) and other regions by offering cards that can be paid in local currencies. \nAn alternative perspective on Walmart’s over $20 billion investment in Flipkart could be that the American giant has bought shares in a company that competes with the local division of Amazon, which was able to establish a similar business in-house for less than $7 billion