India: Flipkart plans to raise up to $1b fresh funds

India: Flipkart plans to raise up to $1b fresh funds

Visual from the Flipkart website, September 2015

After generating bumper sales during its flagship Big Billion Days (BBD) sale this month, Flipkart plans to hit the market to raise a new, large round of funds before the end of the year, three people familiar with the matter said.

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