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July 10, 2013 01:08 pm GMT

India E-Commerce Giant Flipkart Raises Another $200M From Existing Investors

Flipkart.com_ Online Shopping India_ Buy Books Online_ Mobiles, Camera StoreFlipkart, a homegrown Indian e-commerce site, has raised another $200 million from existing investors, according to reports in Indian media. The Economic Times says the deal is Flipkart's largest to date. Flipkart competes with various other local e-commerce players including Snapdeal and Myntra. Amazon has also recently entered the Indian market.

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