Tech Company Financing Transactions
Flipkart Funding Round
Flipkart, based in Koramangala Bangalore, secured $16 billion from Walmart.
Transaction Overview
Company Name
Announced On
5/10/2018
Transaction Type
Venture Equity
Amount
$16,000,000,000
Round
Undisclosed
Investors
Walmart (Douglas McMillon)
Proceeds Purpose
The investment will help accelerate Flipkart's customer-focused mission to transform commerce in India through technology and underscores Walmart's commitment to sustained job creation and investment in India, one of the largest and fastest-growing economies in the world.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
80 Feet Rd. 3rd Block Vaishnavi Summit Ground Floor 7th Main
Koramangala Bangalore, 560034
India
Koramangala Bangalore, 560034
India
Phone
Website
Email Address
Not Recorded
Overview
Flipkart.com is a well-known shopping portal in India and abroad. They offer different products on their website. Customers can choose any products and can buy them anytime.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kalyan Krishnamurthy
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