India's largest e-commerce marketplace Flipkart is said to be in the market to raise as much as $1 billion, but at a valuation lower than its peak of $15.2 billion. The company is looking for investments to expand its business and ward off attacks from well-funded rivals Snapdeal and Amazon. Read More
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Friday, 11 March 2016
Flipkart in talks to raise $1 bn to expand business: Report
India's largest e-commerce marketplace Flipkart is said to be in the market to raise as much as $1 billion, but at a valuation lower than its peak of $15.2 billion. The company is looking for investments to expand its business and ward off attacks from well-funded rivals Snapdeal and Amazon. Read More
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