Flipkart raises $160 million in latest funding drive
Oct 09 2013
The Bangalore-based company had raised $200 million in July from existing investors including South Africa's media and e-commerce company Naspers Ltd. and private equity funds Tiger Global and Accel Partners.
In the latest round of funding, investors include Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina, Vulcan Capital and Tiger Global, the company said in a statement.
Six-year-old Flipkart offers products across 17 categories and has more than 1 million unique visitors every day, according to the company statement.