Flipkart funding

Flipkart has raised $700 million (approx 4,500 cr) from their existing investors at a valuation of $15 billion (around 96,000 Cr) according to a ET report. While Flipkart had raised 3 huge funding rounds in 2014, this is the first time…

The VC funding money flowing into India’s lighthouse eCommerce portal Flipkart is next to unbelievable. The ToI reports that Flipkart has raised another $500 to $600 million in funding from it’s existing investors at a pre-money valuation…

Here is a quick wrap-up of some of the buzzing articles that were published on trak.in last week. In an attempt to boost internet access in such areas, the department of Information Technology and Electronics is planning to launch…

Wow! It’s amazing to see Flipkart’s prowess in raising large funding rounds. Interestingly, just 4 days back, at the Myntra acquisition press conference Flipkart had announced that they will not be raising any funds, but it seems they…

The Enforcement Directorate has prima-facie evidence that Flipkart has flouted Foreign Investment rules and has allegedly breached FEMA (Foreign Exchange Management Act) guidelines. They are planning send a show cause notice alleging this…

I am not sure what to make of this, but the talks of merger / acquisition between 2 leading Indian ecommerce companies, Flipkart & Myntra, just do not seem to go away. Just couple of months back, same talks were doing rounds. First,…

Here is a quick wrap-up of posts we published on trak.in last week. Why Do Indians shop online? How much of their total shopping is done online? How many of them use coupons or deals for shopping? If you want to find these answers, here…

Flipkart is a true poster boy of Indian E-Commerce space. They have literally changed the face of Indian e-commerce Industry. Online shopping has grown leaps and bounds in India, and lot of credit for it goes to Flipkart. But that’s the…

Updated By Arun Prabhudesai: Oct 9th 12:00 noon Sachin Bansal, Co-Founder and CEO of Flipkart made a tweet that puts to rest the rumours that have been making rounds for past few weeks. He has tweeted that Flipkart has raised USD 360…

It’s Monday morning and time to quickly do a wrap-up of some of the buzzing posts featured on Trak.in last week. Entrepreneurship is like creating their own world with their own rules, but there are some standard things that…