022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Private Equity | 24 August 2012

Nasper, Tiger Global Invest In Flipkart

by Charmi Gutka
Nasper, Tiger Global Invest In Flipkart
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
Online retailer - Flipkart Online Services has raised $150 Mn investment led by Naspers and by existing investor Tiger Global, according to IndiaDigitalReview.

The company which has 4,800 employees and services 50,000 orders a day was recently planning to raise funds. This January it raised $150 Mn from existing investors – Accel Partners and Tiger Global Management in its fourth round of funding.

Flipkart has put a R300 minimum order cap for the free delivery option, to cut down its losses. The company emphasizes more on customer acquisition which lead to a gross margin loss per unit sale.

Coal Rush - Jindal Steel Increases Stake in Gujarat NRE's Australian Arm

Coal Rush - Jindal Steel Increases Stake in Gujarat NRE's Australian Arm

Jindal Steel and Power has acquired additional 2.67% stake in Gujarat NRE Coking Coal (GNCC) increasing its stake to 12.74% with an investment of R43 Cr.

Read More...

DTH Service Provider Tata Sky Plans Funding

DTH Service Provider Tata Sky Plans Funding

Mumbai based Tata Sky Ltd, a Direct-to-Home (DTH) service provider is in talk with PE firms to raise about R1800 Cr ($300 Mn) after dismissing it plans for an IPO. The PE firms approached by the company includes Bain, Blackstone, Warburg Pincus, TPG and General Atlantic

Read More...
Subscribe
Enter your Email address
to receive all the news