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Flipkart's hedge fund boss is looking for US$1.5b

But getting the money will mean accepting a lower valuation, perhaps around US$10 billion

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"Others' aggression is of no consequence as innovation is the real aggression. Throwing away money will not make someone win." - Kalyan Krishnamurthy, Flipkart Online Services Pvt CEO

Bengaluru

NO INVESTOR has more to lose from the potential implosion of Indian e-commerce company Flipkart than its biggest backer, New York's Tiger Global Management.

Last summer, with Flipkart Online Services Pvt losing ground to Amazon.com Inc, Tiger sent in former EBay executive

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