Flipkart saw lots of money pouring into its coffer last year. The board of the company also saw a change in its shareholding. However, its valuation fell from $15.2 b in 2015 to $11.6 b in April 2017, when it raised capital in a round led by Tencent, which now holds almost 6% stake in Flipkart. Read more here: Pecking order at Flipkart after last funding round
Read More Here: Pecking order at Flipkart after last funding round
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