We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week!
One of the biggest funding this week was raised by Walmart-owned Flipkart. The company raised INR 1616.12 Cr ($224.9 Mn) from its Singapore-based entity, Flipkart Private Limited. The development comes at a time when ecommerce marketplaces are gearing up for festive season sales.
In another important development, Gurugram-based ecommerce logistics startup Delhivery raised $115 Mn in fresh funding from the Canada Pension Plan Investment Board (CPPIB). Following this investment, CPPIB will have one seat on Delhivery’s Board. The investment was speculated ...
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