Flipkart raises $3.6 billion, values it at $37.6 billion

India’s homegrown e-tailer Flipkart has raised $3.6 billion in funding led by financial investors GIC, CPP Investments, SoftBank Vision Fund 2 and Walmart, along with investments from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad, and marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global.

from Times of India https://ift.tt/3e9AFAv

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