Why You Can’t Invest in Flipkart Yet

Indian online retailer Flipkart has quickly mustered a valuation tallying into the billions and has drawn comparisons to competitors like Amazon (NASDAQ: AMZN). In a year where e-tailer stocks like Amazon and China's Alibaba (NYSE: BABA) have turned in huge returns, people may be hoping to also buy some Flipkart stock. But that's not possible as Flipkart remains a private company.

Here are the details investors need to know and some alternative investment ideas.

Image source: Getty Images.

Source: Fool.com