India's Flipkart raises $700m round
Indian e-commerce giant Flipkart has completed another round of funding worth $700 million from a combination of new and existing investors. The company has now raised $1.9 billion in 2014 and around $2.8 billion since inception.
The latest round - which is said to value the company at $11 billion - included new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates and Qatar Investment Authority....
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