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India’s Flipkart raises $3.6 billion

Indian e-commerce giant Flipkart has raised US$3.6 billion in what is considered the largest funding round by any startup in the country. The Walmart-owned company had a post-money valuation of $37.6 billion. The funding was led by international groups including Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2, and Tiger Global. The […]

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