Flipkart Private Ltd, the Singapore-based holding company of India’s e-commerce marketplace Flipkart, based in Bangalore, closed a $1.4 billion funding round with backing from Chinese Internet giant Tencent, eBay, and Microsoft. Post funding, the valuation of India's most highly valued startup is now $11.6 billion from a previous high of $15...
India's Amazon, Bangalore-based Flipkart raises $150 million round
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi who worked for Amazon.com. Core to its success in India, Flipkart offers multiple payment methods: credit card, debit card, net banking, e-gift voucher, Cash on Delivery and Card on Delivery....