Wednesday, 7 September 2011

Flipkart may have just become the first Indian billion dollar Internet company

Flipkart may have just become the first Indian billion dollar Internet company: can feed also Internet companies that can compete with firms in Silicon Valley. Such initialization is Flipkart.com.
Hailed as India from Amazon.com, Flip kart is close to the increase of $ 150 million in a PE round of funding from General Atlantic Partners in one of the largest ever go to an Indian Internet business, making it the first Indian Internet company to sport a billion dollar valuation, as revealed by VCCircle.
Established in October 2007 online book sales were Flipkart anyway to retail on a bookseller online largest in India within two years. Most of the rivals,..............

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