Flipkart’s Efforts For Raising $1 billion Fund In Limbo Since Morgan Stanley Down Marks Asset Values

Mutual funds have recently slashed the value of Silicon Valley startups. Marking down of Flipkart share price and valuation by Morgan Stanley has appeared as a great jolt for Flipkart. The Indian largest ecommerce retailer is expected to witness hurdles in raising its planned $1 billion fund following the Morgan Stanley move.

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Amazon India sales leap to Rs1, 022 crore

Amazon India, an online market, announced a six-fold leap in sales to Rs1, 022 crores for the year ending March 31, 2015, but net loss climbed to Rs1, 723.6 crores during the year.

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Now the desktop is no longer a trend in India

Now the mobile e-commerce is a booming e-commerce business in India. India could have 657 million Internet users by 2019, up from 277 million to date. The growth of mobile e-commerce increased at a fast pace.

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Copying Alibaba, India e-tailers woo small sellers for growth

Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers.

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Flipkart raises $700 million in fresh funding

Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.

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Amazon to sell packaged food and beverages in India

Online retailer Amazon.com Inc plans to sell packaged food and beverages in India from mid-October, the Economic Times reported, citing a person familiar with the matter.

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Flipkart raises $210 million fresh funding from four investors

Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.

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India's Flipkart buys fashion portal as Amazon spurs consolidation

Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.

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Indian fashion portal confirms $50M capital injection from Premji Invest and rejects Flipkart merger

Bangalore, India-based fashion portal Myntra confirmed that it raised $50 million in a new funding round led by Premji Invest, and decided not to pursue a merger with Indian e-commerce giant Flipkart.

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Indian fashion retailer Myntra raises $50M in funding as Amazon and Flipkart approach

Bangalore, India-based online fashion retailer Myntra raised $50 million in funding as it got approached by e-commerce giants Amazon and Flipkart as the round closed.

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Indian e-commerce giants Flipkart and Myntra in merger talks

India-based e-commerce giant Flipkart is in talks to merge with online fashion retailer Myntra as part of a proposal being pushed by common investors Tiger Global and Accel Partners.

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E-commerce company Yebhi.com to raise up to USD50 million in venture funding

Indian e-commerce company Yebhi.com is looking to raise USD30 million to USD50 million from venture capital firms. If successful, Yebhi.com will follow leading online retailer Flipkart, which raised USD360 million.

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Flipkart, India's Amazon, raises additional USD160 million in funding

Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.

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India’s Flipkart obtains US$200 million through private equity

India's Flipkart raised US$200 million from a clutch of private equity funds.

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Flipkart raises US$200 million through private equity

India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.

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