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Flipkart Valuation News
Flipkart completes ESOP repurchase program of more than $100 million
Wed, Dec 13, 2017
More than 3,000 current and former employees of Flipkart, Myntra, Jabong and PhonePe took part in the stock repurchase program.
Softbank proposes to buy Flipkart shares at a reduced valuation
Thu, Nov 30, 2017
Softbank has reportedly sought to buy Flipkart shares from its investors and former employees at a reduced valuation.
Investment in Indian startups in 2016 was less than half of Flipkart’s total funding
Tue, Aug 22, 2017
Flipkart is India’s most well-funded startup in the Indian tech space. It is currently valued at $11.6 billion.
Flipkart to spend $1.4 billion investment after careful cost considerations, says Binny Bansal
Tue, Apr 11, 2017
Flipkart on Monday raised $500 million from eBay as it invested in the company and sold its Indian unit to the Indian e-commerce company.
Flipkart raises $1 billion, tries hard to sustain its over-valuation
Tue, Mar 21, 2017
Recently, Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley revised value of its each share in Flipkart at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.
Flipkart in talks to raise about $800 million
Thu, Mar 09, 2017
E-commerce major Flipkart is in advanced stage of discussions to raise about $ 800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon.
From $15 billion valuation to $5.5 billion; Flipkart faces hard times
Thu, Jan 26, 2017
Talking on downturn in valuation Siddharth Shahani, Executive Director, Indian School of Design & Innovation had told Zee Business, "Passion has taken the company so far, now experience is needed to take it to the next level. I think it is a natural transition that you see anywhere in the world. The first three years is passion driven, the next three years is system oriented driven.”