Flipkart sets up internal fund to back early-stage startups: Report

FILE PHOTO: The logo of India's largest e-commerce firm Flipkart is seen on the facade of the company's headquarters in Bengaluru, India July 7, 2017. REUTERS/Abhishek N. Chinnappa/File Photo

Indian e-commerce major Flipkart has set up an internal fund of around $60-100 million to back early-stage startups, according to a report in The Economic Times citing sources.

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