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Flipkart raises USD 1 bln during last funding round - report

Tuesday 21 March 2017 | 09:06 CET | News
Indian marketplace Flipkart raised USD 1 billion during its last fundraising round, Bloomberg reported, citing sources close to the matter. The round included Microsoft, eBay and Tencent, and brings the company's valuation to USD 10 billion, a decline from its valuation in 2015 at USD 15.5 billion.

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Categories: Internet
Companies: Ebay / Flipkart / Microsoft / Tencent
Countries: India
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