Indian online retailer Flipkart racks up $3.6bn: TechCrunch

Indian ecommerce company Flipkart has raised $3.6 billion in funding, putting the company at a valuation of $37.6 billion, reported TechCrunch.

Indian e-commerce company Flipkart Group has raised $3.6 billion in funding, putting the business at a valuation of $37.6 billion, TechCrunch reported. GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart led the round. Update: CPPIB said it invested $800 million.

Source: TechCrunch