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: Terry KS

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