Flipkart is now worth $12.5bn!
Advertisement
Advertisement
Ever since its inception, eCommerce giant And now with investment firms
Helion, which got a stake in the Bengaluru-based company by virtue of its investment in online electronics retailer
As reported by The Economic Times, the Sachin and Binny Bansal founded company’s valuation leapfrogged from Rs 16,120 crore ($2.6 billion) in May 2014 to about Rs 68,000 crore ($11 billion) by December when it raised $700 million led by
Industry experts are of the view that the stake sales are happening at a time when
Advertisement
Helion has declined to comment on the developments while IDG Ventures and Flipkart did not respond to email queries by the financial daily.
(Image: India Times)
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- India legend Yuvraj Singh named ICC Men's T20 World Cup 2024 ambassador