/news/business/flipkart-is-worth-5-billion/eventshow/38122049.cms01
Flipkart is in negotiations to raise at least $500 million, or about Rs 3,000 crore, an investment round that will prepare the ground for a likely listing in the US next year, according to several people aware of the development.
Flipkart is in negotiations to raise at least $500 million, or about Rs 3,000 crore, an investment round that will prepare the ground for a likely listing in the US next year, according to several people aware of the development.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
Flipkart is in negotiations to raise at least $500 million, or about Rs 3,000 crore, an investment round that will prepare the ground for a likely listing in the US next year, according to several people aware of the development.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122032.cms02
These sources, who are not directly involved in the process, said a fund founded by Russian billionaire Yuri Milner is taking the lead drawing in new investors soon after pouring money itself into the Bangalore-based company.
These sources, who are not directly involved in the process, said a fund founded by Russian billionaire Yuri Milner is taking the lead drawing in new investors soon after pouring money itself into the Bangalore-based company.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
These sources, who are not directly involved in the process, said a fund founded by Russian billionaire Yuri Milner is taking the lead drawing in new investors soon after pouring money itself into the Bangalore-based company.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122021.cms03
Among those said to be interested are Singapore's sovereign wealth fund GIC and US-based investment firm T Rowe Price. Flipkart declined comment on what it called "market speculation".
Among those said to be interested are Singapore's sovereign wealth fund GIC and US-based investment firm T Rowe Price. Flipkart declined comment on what it called "market speculation".
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
Among those said to be interested are Singapore's sovereign wealth fund GIC and US-based investment firm T Rowe Price. Flipkart declined comment on what it called "market speculation".
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122010.cms04
GIC and T Rowe Price did not reply to questions sent by email. This round of funding, when it fructifies, could see the Bangalore-based company being valued at $5 billion (Rs 30,000 crore) at least, a near-doubling of Flipkart's valuation over the last round of funding in May.
GIC and T Rowe Price did not reply to questions sent by email. This round of funding, when it fructifies, could see the Bangalore-based company being valued at $5 billion (Rs 30,000 crore) at least, a near-doubling of Flipkart's valuation over the last round of funding in May.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
GIC and T Rowe Price did not reply to questions sent by email. This round of funding, when it fructifies, could see the Bangalore-based company being valued at $5 billion (Rs 30,000 crore) at least, a near-doubling of Flipkart's valuation over the last round of funding in May.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122009.cms05
Flipkart is the clear leader in India's online retail space but US-based Amazon has started to rapidly build scale, hotting up the competition as well as the need for cash for the Bangalore company.
Flipkart is the clear leader in India's online retail space but US-based Amazon has started to rapidly build scale, hotting up the competition as well as the need for cash for the Bangalore company.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
Flipkart is the clear leader in India's online retail space but US-based Amazon has started to rapidly build scale, hotting up the competition as well as the need for cash for the Bangalore company.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122008.cms06
Flipkart spent an estimated $370 million in May to buy fashion portal Myntra, and rival Snapdeal is snapping at its heels by raising its game and a lot of money —$200 million earlier this year.
Flipkart spent an estimated $370 million in May to buy fashion portal Myntra, and rival Snapdeal is snapping at its heels by raising its game and a lot of money -$200 million earlier this year.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
Flipkart spent an estimated $370 million in May to buy fashion portal Myntra, and rival Snapdeal is snapping at its heels by raising its game and a lot of money -$200 million earlier this year.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122005.cms07
As Flipkart readies for an eventual US listing expected next year — cofounder Sachin Bansal has said Nasdaq is a definite possibility — General Atlantic and Fidelity are also being spoken of as potential investors in the company. If all the investments come through, Flipkart could end up raising well over $1 billion.
As Flipkart readies for an eventual US listing expected next year - cofounder Sachin Bansal has said Nasdaq is a definite possibility - General Atlantic and Fidelity are also being spoken of as potential investors in the company. If all the investments come through, Flipkart could end up raising well over $1 billion.
(BCCL/N Narasimha Murthy)See more of :
Sachin Bansal,
Binny BansalSachin Bansal, Binny Bansal
As Flipkart readies for an eventual US listing expected next year - cofounder Sachin Bansal has said Nasdaq is a definite possibility - General Atlantic and Fidelity are also being spoken of as potential investors in the company. If all the investments come through, Flipkart could end up raising well over $1 billion.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38122001.cms08
DST had led a $210-million (Rs 1,250 crore) funding round in May, with participation from existing investors Tiger Global, Naspers and Iconiq Capital.
DST had led a $210-million (Rs 1,250 crore) funding round in May, with participation from existing investors Tiger Global, Naspers and Iconiq Capital.
(BCCL/N Narasimha Murthy)See more of :
Flipkart is worth $5 billion?Flipkart is worth $5 billion?
DST had led a $210-million (Rs 1,250 crore) funding round in May, with participation from existing investors Tiger Global, Naspers and Iconiq Capital.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38121998.cms09
Flipkart's other investors are Accel Partners, Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan BSE 4.82 % Capital.
Flipkart's other investors are Accel Partners, Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan BSE 4.82 % Capital.
(BCCL/N Narasimha Murthy)See more of :
Flipkart is worth $5 billion?Flipkart is worth $5 billion?
Flipkart's other investors are Accel Partners, Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan BSE 4.82 % Capital.
(BCCL/N Narasimha Murthy) /news/business/flipkart-is-worth-5-billion/eventshow/38121989.cms10
Seven-year-old Flipkart has so far raised $750 million (Rs 4,480 crore) in over five rounds. Price has previously invested in DST-backed global tech companies such as Twitter, Groupon, Zynga and Facebook before their initial public offerings.
Seven-year-old Flipkart has so far raised $750 million (Rs 4,480 crore) in over five rounds. Price has previously invested in DST-backed global tech companies such as Twitter, Groupon, Zynga and Facebook before their initial public offerings.
(BCCL/N Narasimha Murthy)See more of :
Flipkart is worth $5 billion?Flipkart is worth $5 billion?
Seven-year-old Flipkart has so far raised $750 million (Rs 4,480 crore) in over five rounds. Price has previously invested in DST-backed global tech companies such as Twitter, Groupon, Zynga and Facebook before their initial public offerings.
(BCCL/N Narasimha Murthy) 
