Sources: India’s Flipkart in talks to raise up to $1b, likely in a down round

04:25 11.03.2016
After years of raising hundreds of millions of dollars to tap into the burgeoning e-commerce market in India, one of the country’s biggest tech companies is facing a markdown in its valuation as it aims to pick up yet more investment. TechCrunch has learned from sources that Flipkart is looking to raise up to $1 billion in funding to grow its business and shore up against competition… Read More...
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