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In September 2015, the two founders entered Forbes India 's richest Indian by year, debuting in the 86th position with a net worth of US$1.3 billion each. [174] In April 2016, Sachin and Binny Bansal were named to Time magazine's annual list of the 100 Most Influential People in the World. [175]
India’s e-commerce giant Flipkart said Monday it raised $3.6 billion in fresh funds from global investors, including sovereign funds, private equity and from its parent company, Walmart. The...
Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it...
Flipkart Private Limited reported a revenue amounting to over 560 billion Indian rupees in financial year 2023. Additionally, the e-commerce player had an increase of nine percent in its...
In 2018, Walmart bought a 77% stake in India-based Flipkart for $16 billion in what was reportedly then the world's biggest deal for an internet firm. In 2023, Bansal sold his remaining 1.8%...
Flipkart is in advanced talks to raise $600-800 million which will value the online retailer at $14-$15 billion, sources told India’s Mint newspaper. At that valuation, co-founders Sachin...
Flipkart, the Indian e-commerce startup backed by Walmart Inc., WMT 0.60% has jumped in value to nearly $38 billion, with a fundraising supported by Japan’s SoftBank Group Corp. 9984 -2.25% and...
E-commerce giant Flipkart Group has carved a niche for itself in the global league by raising $3.6 billion, including from SoftBank, which had exited the firm, valuing the company at $37.6 billion, which is more than a 50 per cent rise in a year.
Homegrown e-commerce company Flipkart has raised $3.6 billion in a new funding round, its first capital infusion from external investors since US retailing behemoth Walmart acquired it for $16 billion in 2018.
As of 2023, Flipkart net worth is estimated to be around $40 billion. This is a significant increase from its valuation at the time of its acquisition by Walmart, indicating the company’s rapid growth in recent years.