The Naspers and IDG-backed e-commerce company has now raised more than $3.1bn, after closing a Tiger Global and Steadview-backed round.

Flipkart, the India-based e-commerce platform that counts e-commerce group Naspers as an investor, has closed a $700m funding round raised at a $15bn valuation, the Economic Times reported yesterday.

The round featured fund manager Tiger Global Management and asset manager Steadview Capital, according to two people aware of the development, both of which took part as existing investors. Flipkart reached the $550m first close of the round in April this year.

Founded in 2007, predominantly as an online bookseller,…