Wednesday, 10 July 2013
Deal Alert: Flipkart raises $200-M from existing investors
Posted on 21:17 by Unknown
E-commerce major Flipkart has secured a fresh round of funding $200 million from existing investors Naspers, Accel Partners, Tiger Global and ICONIQ Capital. The deal values Flipkart at $1.5 billion, or over Rs 9,000 crore. The company plans to use the funds to improve its tech platform which powers its marketplace, e-book business and payment solutions, strengthen its supply chain and for
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