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Hello and welcome back to Equity, TechCrunch’s venture capital-themed podcast where we unpack the numbers behind the headlines.

This week Matthew Lynley, Connie Loizos and myself were joined by Villi Iltchev, a partner at August Capital.

It was good that we had a full crew on deck, as the news flew thick and varied this week. In honor of the news cycle, we took on as much of it as we could inside a single episode.

And as we’re sure that you guessed, we had to talk about the Flipkart-Walmart deal first. The staggering transaction sees the American IRL commerce giant with a proven appetite for e-commerce players bring the India unicorn into its fold. This is the second multi-billion-dollar startup deal for Walmart in recent memory. (Jet.com was the first unicorn to find new nest in the Walton’s rafters.)