India’s ecommerce leader, Flipkart has just raised $200 million from a clutch of private equity funds, the company said on Wednesday, in what could be the single largest investment in an e-commerce company in the country.
The money was raised from South African technology group Naspers Ltd and private equity funds Tiger Global and Accel Partners all of whom are current investors in the Bangalore based company.
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The steep deterioration in economic outlook measures has been unusually
