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March 11, 2016 01:25 am GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qKDZVUk7c3s/
Sources: Indias Flipkart in talks to raise up to $1b, likely in a down round
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/qKDZVUk7c3s/
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