India’s Flipkart Raises $700M In Fresh Funding, With Help From Tiger Global

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India’s Flipkart Raises $700M In Fresh Funding

(Reuters) – Flipkart, India’s largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country. Flipkart, founded in 2007 by two former Amazon employees, has been in talks in recent weeks to raise up to $1 billion. The…

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