Flipkart acquires eBay India


FYI, Tech

As widely speculated, India’s biggest e-commerce website Flipkart has acquired eBay India. The company announced this on Twitter. Flipkart has also raised $1.4 billion from Tencent, eBay and Microsoft. This is the biggest round of funding by an Indian internet company till date. With this latest round of funding, Flipkart valuation has reached $11.6 billion […]

April 10, 2017