The valuation of India’s largest e-commerce site, Flipkart, was made known to the public through Nasper’s annual report to shareholders that it had invested R848m ($100m) in August 2012 to acquire a 10% stake in Flipkart Pvt Ltd. At the time of the series D round the financial details were left undisclosed.
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Flipkart $1bn valuation revealed
Jul 1, 2013 • Katherine Steiner-Dicks
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