Flipkart Valuation Jumps To $37.6B - The Financial Express

by financialexpress.com posted 2weeks ago 2 views
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.

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