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Indian e-biz leader FlipKart gets a $ 200m infusion

Bangalore, July 11 2013: India’s largest e-commerce platform, Flipkart, , has secured a a vote of approval from its existing investors Naspers, Accel and Tiger Global -- a $200 million investment. This is the largest amount to ever be invested in an e-commerce company in India. The funds ds will be used for building and strengthening Flipkart’s technology capabilities, bolstering the robust supply chain and developing the talent pool.
Says Sachin Bansal, Co-founder and CEO of Flipkart.com: “With this investment, we can now take Flipkart to the next level, pioneering technology and supply-chain innovations that will change the face of online shopping. This will not only enable us to reach our goal of $1 billion GMV by 2015 but also help us achieve bigger milestones in the future.”
Adds Binny Bansal, Co-founder and COO: "Over the last six years Flipkart has grown in strength and today we are a company that has defined e-commerce in India – and we continue to remain leaders in this space. The growth potential is enormous and our investors share this vision.”
FlipKart has 9.6 million registered users, ships a peak of 130,000 a day, and in the last year has added new categories like Apparel, Footwear, Toys, Accessories, Sports and fitness, and eBooks.
Last week FlipKart launched PayZippy, an online payments solution




    


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Indian e-biz leader FlipKart gets a $ 200m infusion
by smashing top seo on October  24,  2013
  "AppZMe Really informative blog. Really Cool."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by smashing top seo on October  24,  2013
  "AppZMe Really informative blog. Really Cool."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by awesome stuff here on November  18,  2013
  "BdafeJ Really enjoyed this article post.Really looking forward to read more. Really Great."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by awesome stuff here on November  18,  2013
  "BdafeJ Really enjoyed this article post.Really looking forward to read more. Really Great."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by crorkservice on July  17,  2014
  "MCRbYC I cannot thank you enough for the blog post. Want more."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by crorkservice on July  17,  2014
  "MCRbYC I cannot thank you enough for the blog post. Want more."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by high quality backlinks on July  19,  2014
  "fK17gp wow, awesome article post.Much thanks again. Awesome."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by high quality backlinks on July  19,  2014
  "fK17gp wow, awesome article post.Much thanks again. Awesome."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by crorkz backlinkz on December  18,  2014
  "PGiDKj A big thank you for your post.Thanks Again."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by crorkz backlinkz on December  18,  2014
  "PGiDKj A big thank you for your post.Thanks Again."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by click for source on January  31,  2017
  "9SCbFb Thanks so much for the blog post.Really looking forward to read more. Really Great."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by click for source on January  31,  2017
  "9SCbFb Thanks so much for the blog post.Really looking forward to read more. Really Great."
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by come here on March  04,  2017
  "VtU6By Will you care and attention essentially write-up"
     
Indian e-biz leader FlipKart gets a $ 200m infusion
by come here on March  04,  2017
  "VtU6By Will you care and attention essentially write-up"