Raises $3.6 billion to take on new rivals; funding round saw return of SoftBank to its cap table. :
At a time when big corporates like Reliance Industries and Tata Group are expanding their footprint by foraying into online play, e-commerce major Flipkart has raised a huge $3.6 billion in a fresh round of funding from a clutch of investors led by GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart to take on the emerging competition.