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Flipkart

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2.5

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Flipkart
kvnmankada @kvnmankada
Feb 23, 2016 12:25 AM, 2602 Views
Flipkart is costly site

Flipkart received$210 million from DST Global, in July 2014 it raised$1 billion led by existing investors Tiger Global and South Africa’s media group Naspers and in May 2015 it raised$550 million from some of its existing investors. Flipkart’s last fundraising round in May 2015 had pegged its valuation at$15 billion.


After failure of its 2014 Big Billion Sale, Flipkart recently completed the second edition of Big Billion Sale held between October 13 and 17.where it is reported that they saw a business turnover of 300 million in gross merchandise volume.

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