Flipkart.com Raises US$160m in Second Round of Funding

Oct 10, 2013 (Thu): Flipkart.com, one of most popular online shopping sites in India has received a fund infusion of US$160 million barely three months from Tiger Global Management Llc, Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan Capital Management after it had raised US$200 million, Live Mint reported.

In September, Flipkart was ranked as one of the top ten online shopping sites by Aegindia.org.

Author: VSDaily Editor

Share This Post On

Submit a Review

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>