Flipkart raises $1 billion, to raise $1 billion more: Report
Online e-commerce giant Flipkart closed a $1 billion fundraise on Friday and is looking to raise another $1 billion in the coming months, reported Bloomberg citing sources. Though Flipkart has not commented on the development, it reportedly raised the funding at a valuation of around $10 billion. Flipkart last raised $700 million at a valuation of $15.5 billion in 2015.