Dec 29, 2015 07:54 PM
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(Updated Dec 29, 2015 07:54 PM)
Flipkartis ane-commercecompany founded in 2007 bySachin BansalandBinny Bansal. The company is registered in Singapore, but has its headquarters inBangalore, Karnataka.Flipkart has launched its own product range under the name DigiFlip with products includingtablets, USBs, and laptop bags.
In May 2014, Flipkart received $210 million from DST Global, in July 2014 it raised $1 billion led by existing investors Tiger Global and South Africa'smedia groupNaspersand in May 2015 it raised$550 million from some of its existing investors. Flipkart's last fundraising round in May 2015 had pegged its valuation at $15 billion.
