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Flipkart India Gets INR 1,600 Cr Infusion From Singapore Entity Amid Festive Season Sale

Inc42 LogoInc426d ago

Flipkart India Gets INR 1,600 Cr Infusion From Singapore Entity Amid Festive Season Sale - Inc42

Quick Summary:

Ahead of the festive season, ecommerce giant Flipkart’s Singapore-based entity invested close to INR 1,600 Cr in its Indian arm.

According to an Inc42 report, India’s addressable ecommerce opportunity is projected to reach $200 Bn by 2026.

Inc42 has reached out to Flipkart India seeking a comment on the fund infusion.


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Flipkart India Gets INR 1,600 Cr Infusion From Singapore Entity Amid Festive Season Sale - Inc42 (Picture 1)

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Article Details

Author / Journalist: Chetan Thathoo

Category: Startups

Topics: Rival Total Ecommerce Festive Private Flipkart Indian India Amazon Inc42 Season

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 14:42:26

News Timezone: GMT +5:00

News Source URL: inc42.com

Language: English

Reading Time: 3 minutes read

Article Length: 491 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 495204

View Article Analysis

About Inc42

Inc42 Logo

Main Topics: Startups

Official Website: inc42.com

Update Frequency: 16 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 9h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #52

Publisher Details

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