Flipkart, India’s largest e-commerce marketplace, on Saturday announced a US $700 million (Rs 4434 crore) funding even as 2014, the year that has seen huge fund flow into India’s rising consumer internet industry, is about to end.
The new investment, which comes five months after a landmark $1 billion fundraising, has seen its valuation exceed $10 billion, although the company has not confirmed this.
The new investment, which comes five months after a landmark $1 billion fundraising, has seen its valuation exceed $10 billion, although the company has not confirmed this.
