Flipkart raises additional 160 mn

The Bangalore-based company had raised 200 million in July.

Written by: Reuters

1 min readMumbaiOct 10, 2013 01:58 AM IST First published on: Oct 10, 2013 at 01:58 AM IST

Flipkart,one of Indias largest e-commerce companies,has raised 160 million from private equity investors,taking the total to 360 million in its recent fund raising drive to build and strengthen technology and bolster its supply chain.

The Bangalore-based company had raised 200 million in July from existing investors including South Africas media and e-commerce company Naspers Ltd. and private equity funds Tiger Global and Accel Partners.

# e-commerce company
# Flipkart
# Morgan Stanley Investment Management
# South Africa
# Tiger Global