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Flipkart gets a valuation boost from Fidelity

Thursday, July 28, 2016 | More »

After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual fund company Fidelity Investments. The US-based company’s Fidelity Rutland Square Trust II fund has hiked the value of its shares in the company. According to filings with...


Flipkart raises $200M in fresh funding from existing investors

India’s largest consumer e-commerce player Flipkart has raised $200 million (Rs 1,200 crore) in a fresh round of funding from existing investors, including South African technology group Naspers, Tiger Global, Accel Partners and ICONIQ Capital. The funding has been routed through Flipkart’s Sing...

10 July, 2013 | More »