AAA July 2013 – Page 12

Flipkart $1bn valuation revealed

The valuation of India’s largest e-commerce site, Flipkart, was made known to the public through Nasper’s annual report to shareholders that it had invested R848m ($100m) in August 2012 to acquire a 10% stake in Flipkart Pvt Ltd. At the time of the series D round the financial details were left undisclosed.   Flipkart was… Continue reading Flipkart $1bn valuation revealed