Wal-Mart adds $102.9 million in Indian wholesale business in June
The funds were allotted as share application money, the filing showed.
Wal-Mart runs 20 wholesale stores in the country and plans to roll out 50 more over four to five years. The retailer has already launched its e-commerce operations, to sell to small businesses, in the cities of Lucknow and Hyderabad earlier this month.
($1 = 60.2800 Indian Rupees)
(Reporting by Nandita Bose; Editing by Michael Perry)