Friday, 2 March 2018

Flipkart’s parent invests Rs 4,472 crore in wholesale arm


BENGALURU: The Singapore-based parent of Flipkart has invested Rs 4,472 crore in its wholesale arm in the single-largest fund injection into any of its units in the past few years as it steps up financing to take on USbased Amazon and China’s Alibaba in India.

You can read more here: Flipkart’s parent invests Rs 4,472 crore in wholesale arm

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...