India’s Flipkart raises $3.6 billion – MENAFN.COM
- Date: 13-Jul-2021
- Source: MENAFN
- Sector:Retail
- Country:Middle East
India’s Flipkart raises $3.6 billion – MENAFN.COM
(MENAFN - Asia Times) Indian e-commerce giant Flipkart has raised US$3.6 billion in what is considered the largest funding round by any startup in the country.
The Walmart-owned company had a post-money valuation of $37.6 billion. The funding was led by international groups including Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2, and Tiger Global.
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