India’s Largest E-commerce Firm Flipkart Valued At $15.5b, Its Sachin & Binny Bansal Billionaires

India’s largest e-commerce firm Flipkart is closing a funding round of over $500 million at a valuation of $15.5 billion. The paperwork for the latest round, where only existing investors have participated, is coming to a close, according to an investor source who did not want to be quoted. The most prominent investor in this round is Tiger Global.

from Forbes – Business http://ift.tt/1PQ478X
via Abogado Aly Business Consulting

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