Posts Tagged ‘ ICONIQ Capital ’
Friday, December 2, 2016
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart by 33%, joining another investor Morgan Stanley in cutting India’s largest e-commerce marketplace’s valuation to historically low figures. The fresh markdown by Vanguard values Fli...
A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving India’s largest e-commerce marketplace’s valuation at $5.57 billion, nearly a third of its peak valuation of $15.2 billion last year. The fund has slashed the value of its Flipkart shares...
29 November, 2016 |
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...
28 July, 2016 |
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 |