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Finance[edit]

Initially, they had spent 400,000 only for making website to set up the business.

[24]

Flipkart has later raised funding from venture apital funds!el India"#$%&million in 200'([2)][2*][2+]and iger -lobal"#$%&0 million in 20&0 and #$%20 million

in une 20&&(.[2/][2'][0]1n 24 !ugust 20&2, Flipkart announed the ompletion of its

4th round of %&)0 million funding from I3 "part of aspers -roup( and I51I6

5apital.[&]he ompany announed, on &0 uly 20&, that it has raised an

additional %200 million from e7isting investors inluding iger -lobal,

aspers,!el 8artnersand Ioni9 5apital.[2]

Flipkart:s reported sales were

40 million in F;200/ &*0 million from private e9uity investors.[4]

In 1tober 20&, it was reported that Flipkart had raised an additional %&*0

million from new investors >ragoneer Investment -roup, organ $tanley Aealth

anagement,$ofina$! and Bulan In.with partiipation from e7isting investoriger -lobal.[44][4)][4*]

1n 2* ay 20&4, Flipkart announed that it has raised %2&0 million from ;uri

ilnerCs >$ -lobal and its e7isting investors iger -lobal, aspers and Ioni9

5apital.[4+]

https://en.wikipedia.org/w/index.php?title=Flipkart&action=edit&section=3https://en.wikipedia.org/w/index.php?title=Flipkart&action=edit&section=3https://en.wikipedia.org/wiki/Flipkart#cite_note-et-24https://en.wikipedia.org/wiki/Accel_Partnershttps://en.wikipedia.org/wiki/Flipkart#cite_note-25https://en.wikipedia.org/wiki/Flipkart#cite_note-26https://en.wikipedia.org/wiki/Flipkart#cite_note-27https://en.wikipedia.org/wiki/Tiger_Managementhttps://en.wikipedia.org/wiki/Flipkart#cite_note-28https://en.wikipedia.org/wiki/Flipkart#cite_note-29https://en.wikipedia.org/wiki/Flipkart#cite_note-30https://en.wikipedia.org/wiki/Naspershttps://en.wikipedia.org/wiki/Flipkart#cite_note-31https://en.wikipedia.org/wiki/Accel_Partnershttps://en.wikipedia.org/wiki/Flipkart#cite_note-32https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-bs-33https://en.wikipedia.org/wiki/Flipkart#cite_note-34https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-35https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-bstandard-36https://en.wikipedia.org/wiki/Flipkart#cite_note-Business_week-37https://en.wikipedia.org/wiki/Flipkart#cite_note-et20110909-38https://en.wikipedia.org/wiki/Flipkart#cite_note-39https://en.wikipedia.org/wiki/Flipkart#cite_note-40https://en.wikipedia.org/wiki/Flipkart#cite_note-41https://en.wikipedia.org/wiki/Flipkart#cite_note-42https://en.wikipedia.org/wiki/Flipkart#cite_note-43https://en.wikipedia.org/wiki/Morgan_Stanley_Wealth_Managementhttps://en.wikipedia.org/wiki/Morgan_Stanley_Wealth_Managementhttps://en.wikipedia.org/wiki/Sofinahttps://en.wikipedia.org/wiki/Vulcan_Inc.https://en.wikipedia.org/wiki/Flipkart#cite_note-44https://en.wikipedia.org/wiki/Flipkart#cite_note-45https://en.wikipedia.org/wiki/Flipkart#cite_note-46https://en.wikipedia.org/wiki/Yuri_Milnerhttps://en.wikipedia.org/wiki/Yuri_Milnerhttps://en.wikipedia.org/wiki/Yuri_Milnerhttps://en.wikipedia.org/wiki/Flipkart#cite_note-47https://en.wikipedia.org/wiki/Flipkart#cite_note-et-24https://en.wikipedia.org/wiki/Accel_Partnershttps://en.wikipedia.org/wiki/Flipkart#cite_note-25https://en.wikipedia.org/wiki/Flipkart#cite_note-26https://en.wikipedia.org/wiki/Flipkart#cite_note-27https://en.wikipedia.org/wiki/Tiger_Managementhttps://en.wikipedia.org/wiki/Flipkart#cite_note-28https://en.wikipedia.org/wiki/Flipkart#cite_note-29https://en.wikipedia.org/wiki/Flipkart#cite_note-30https://en.wikipedia.org/wiki/Naspershttps://en.wikipedia.org/wiki/Flipkart#cite_note-31https://en.wikipedia.org/wiki/Accel_Partnershttps://en.wikipedia.org/wiki/Flipkart#cite_note-32https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-bs-33https://en.wikipedia.org/wiki/Flipkart#cite_note-34https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-35https://en.wikipedia.org/wiki/Fiscal_Yearhttps://en.wikipedia.org/wiki/Flipkart#cite_note-bstandard-36https://en.wikipedia.org/wiki/Flipkart#cite_note-Business_week-37https://en.wikipedia.org/wiki/Flipkart#cite_note-et20110909-38https://en.wikipedia.org/wiki/Flipkart#cite_note-39https://en.wikipedia.org/wiki/Flipkart#cite_note-40https://en.wikipedia.org/wiki/Flipkart#cite_note-41https://en.wikipedia.org/wiki/Flipkart#cite_note-42https://en.wikipedia.org/wiki/Flipkart#cite_note-43https://en.wikipedia.org/wiki/Morgan_Stanley_Wealth_Managementhttps://en.wikipedia.org/wiki/Morgan_Stanley_Wealth_Managementhttps://en.wikipedia.org/wiki/Sofinahttps://en.wikipedia.org/wiki/Vulcan_Inc.https://en.wikipedia.org/wiki/Flipkart#cite_note-44https://en.wikipedia.org/wiki/Flipkart#cite_note-45https://en.wikipedia.org/wiki/Flipkart#cite_note-46https://en.wikipedia.org/wiki/Yuri_Milnerhttps://en.wikipedia.org/wiki/Yuri_Milnerhttps://en.wikipedia.org/wiki/Flipkart#cite_note-47https://en.wikipedia.org/w/index.php?title=Flipkart&action=edit&section=3

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In early uly 20&4, it was also highly speulated that Flipkart was in negotiations

to raise at least %)00 million, for a likely listing in the #$ for 20&*.[4/]

1n 2' uly 20&4, Flipkart announed that it raised %& billion[4']from iger -lobal

anagement DD5, !el 8artners, and organ $tanley Investment anagement

and a new investor $ingapore sovereign@wealth fund -I5. [)0]

1n * 1tober 20&4, Flipkart sold produts worth IE*)05rorein &0 hours in a

speial one@day event @ he Gig Gillion >ay, laiming they had reated e@

ommere history, but their hard@won reputation for good ustomer servie

suffered beause of tehnial problems, and angry reations on soial media

from buyers disappointed with the priing and availability of produts.[)&][)2][)]It

laimed to sell a whopping ) lakh mobile handsets, five@lakh lothes and shoes

and 2),000 television sets within hours of opening its disounted sale at / !.

[)4]In >eember 20&4, !fter it reeived %+00 million from another funding, Flipkart

had a market ap of %&& billion or Es.**000 rore.[))]In ay 20&) Flipkart has

raised %))0 million from some of its e7isting investors, in a deal that raises the

valuation of the privately held Indian startup to about %&) billion or Es. '0,000

rore [)*]

1n 20 >eember 20&4, Flipkart announed filing appliation with $ingapore@

based ompanies: regulator !5E! to beome a publi ompany after raising

#$> +00 million for long term strategi investments in India following whih its

number of investors e7eeded )0. he #$> +00 million fund raised by Flipkart

added new investors @ Gaillie -ifford, -reenoaks 5apital, $teadview 5apital, .

Eowe 8rie !ssoiates and 6atar Investment !uthority @ on ompany:s board.Its

e7isting investors >$ -lobal, -I5, I51I6 5apital and iger -lobal also

partiipated in this latest finaning round.[)+]

https://en.wikipedia.org/wiki/Flipkart#cite_note-48https://en.wikipedia.org/wiki/Flipkart#cite_note-49https://en.wikipedia.org/wiki/Flipkart#cite_note-50https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Flipkart#cite_note-51https://en.wikipedia.org/wiki/Flipkart#cite_note-52https://en.wikipedia.org/wiki/Flipkart#cite_note-53https://en.wikipedia.org/wiki/Flipkart#cite_note-54https://en.wikipedia.org/wiki/Flipkart#cite_note-55https://en.wikipedia.org/wiki/Flipkart#cite_note-56https://en.wikipedia.org/wiki/Flipkart#cite_note-57https://en.wikipedia.org/wiki/Flipkart#cite_note-48https://en.wikipedia.org/wiki/Flipkart#cite_note-49https://en.wikipedia.org/wiki/Flipkart#cite_note-50https://en.wikipedia.org/wiki/Indian_rupeehttps://en.wikipedia.org/wiki/Crorehttps://en.wikipedia.org/wiki/Flipkart#cite_note-51https://en.wikipedia.org/wiki/Flipkart#cite_note-52https://en.wikipedia.org/wiki/Flipkart#cite_note-53https://en.wikipedia.org/wiki/Flipkart#cite_note-54https://en.wikipedia.org/wiki/Flipkart#cite_note-55https://en.wikipedia.org/wiki/Flipkart#cite_note-56https://en.wikipedia.org/wiki/Flipkart#cite_note-57