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Flipkart receives $700 million in latest round of funding

Flipkart today announced that it has received US$ 700 million investment with new investors: Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates​ and Qatar Investment Authority, along with existing investors: DST Global, GIC, ICONIQ Capital and Tiger Global, who also participated in this latest financing round. Last week there were reports that the online retail giant received $180 million from Hong Kong-based investment firm Steadview Capital, valuing the company at...

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