Home > Archive by tag 'Tiger Global Management'

Posts Tagged ‘ Tiger Global Management ’

Fidelity slashes Flipkart’s valuation to $5.56 bn

Wednesday, January 25, 2017 | More »

Flipkart
Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in Flipkart by 36.1%, valuing the e-commerce marketplace at $5.56 billion, nearly a third of its peak valuation of $15.2 billion in 2015. According to filings with the US Securi...

Snapdeal_flipkat_amazon

Flipkart, Amazon drop $1 bn Souq acquisition bid: Report

US-based Amazon.com Inc and Indian online retailer Flipkart have dropped a bid to acquire Middle East-based horizontal e-commerce venture Souq.com due to a disagreement over price, Bloomberg reported on Wednesday. Souq.com has now reached out to Dubai-based mall company Majid Al Futtaim, the report ...

18 January, 2017 | More »

For-Flipkart-Story-TC_Shah-Junaid

Flipkart’s valuation down to $5.57 bn after Morgan Stanley slashes value of its holding

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 | More »

Flipkart_by_shah_junaid_1001

Flipkart gets a valuation boost from Fidelity

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 | More »

flipkart-logo

Excl: Tiger Global’s Kalyan Krishnamurthy appointed Flipkart’s interim CFO; co looking for full-time CFO

Kalyan Krishnamurthy, director (finance – portfolio companies) at Tiger Global Management, has been appointed as the interim chief financial officer (CFO) of India’s largest consumer e-commerce firm Flipkart Online Services Pvt Ltd. The company has also started looking for a full-time CFO and wi...

27 May, 2013 | More »

surveymonkey-logo1

Web survey company SurveyMonkey raises $800M in debt and equity funding

Silicon Valley-based SurveyMonkey, a firm that lets users create online surveys, has raised $800 million in debt and additional equity funding, which it will distribute in a tender offer, according to AllThingsD. Around $450 million of the total amount will come from new investments by a number of i...

17 January, 2013 | More »