Flipkart Raises $500-600 Million; Now Valued At $10 Billion
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In a fresh round of fund raising, Indian This is Flipkart’s third fund-raising event this year. It had received $210 million earlier this year.
“Although there was a lot of interest from new investors, Flipkart was not keen on raising more money at this point. This new round is largely being done by the large existing investors,” a source told The Times of India.
This latest round of fund raising is likely to give the company an edge over its rivals
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