|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
Flipkart has raised $200 million from a clutch of private equity funds, the company said on Wednesday, in what could be the single largest investment in an e-commerce company in the country.
The money was raised from South African technology group Naspers Ltd and private equity funds Tiger Global and Accel Partners, Flipkart said in a statement.
All the three companies are existing investors in the Bangalore-based firm, which will use the funds for building and strengthening technology capabilities and bolstering its supply chain, it said.
The six-year-old company offers products across 17 categories and has more than 1 million unique visitors every day, it said.