August 24, 2026 02:34 pm (IST)
Follow us:
Flipkart raises $1 bn in funds
Bangalore, July 29 (IBNS): Indian e-commerce company Flipkart on Tuesday said it has raised USD 1 billion in fresh funding.
The move assumes significance as it is the largest ever fund-raising by an Indian internet company.
Flipkart co-founder Sachin Bansal told media: "When we started in 2007 we could never dream to reach here. Today, we are dreaming big."
"We are dreaming to build a long lasting enterprise. Hopefully, it will be worth a 100 billion dollars, " he said.
Sachin Bansal and Binny Bansal had set up the company in 2007.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Best Indicators For Futures Trading
Mon, Aug 24 2026
China orders massive EV recall: Nearly 3 million Teslas among 4.3 million vehicles affected
Mon, Aug 24 2026
Yes Bank launches ‘YES Essence’ for women. How can you avail it?
Fri, Aug 21 2026
Aditya Birla Capital enters gold loans: What consumers should know
Fri, Aug 21 2026
Citibank N.A. India’s client asset book crosses ₹1 lakh crore despite consumer banking divestiture
Fri, Aug 21 2026