Flipkart looking to raise $1 Billion in latest funding round
Thursday, March 9, 2017, 11:02 AM
E-commerce major Flipkart is in talks with investors, to raise up to $1 Billion in one of its biggest funding rounds so far. Flipkart's latest fundraising comes in the middle of competition in the e-commerce space from Amazon.com Inc and domestic rival Snapdeal, which is backed by Japan's Softbank Group. Flipkart has so far raised more than $3 Billion in funding.