Flipkart completes a new round of financing of 264 million US dollars

Founded in 2007, Flipkart is an e-commerce site from India known as the “Amazon of India”. Tencent bought a stake in Flipkart worth $264 million (approximately Rs 20.6 crore) through its European unit. Flipkart was last valued at $37.6 billion (approximately 268.056 billion rupees).

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