Singapore’s GIC in Flipkart’s US$1 billion funding

It is official! Flipkart has raised US$1B led by*Tiger Global Management, Naspers. Interestingly, GIC has also invested. Why? What is its*interest in the Indian e-comm giant? It’s official. Indian e-commerce marketplace Flipkart made history today, as it raised US$1 billion — one of the largest funding rounds in e-commerce globally! It is the single largest Read the full article...



The post Singapore’s GIC in Flipkart’s US$1 billion funding appeared first on e27.







More...

via VRForums | Singapore Technology Lifestyle Forums - News around the web! http://ift.tt/1zqyk8h