What is current valuation of Flipkart?
$37.6 billion
Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to list in the public markets as soon as early next year.
What is the valuation of Udaan?
The funding round valued Udaan at over $3 billion.
What is the current valuation of snapdeal?
Snapdeal plans $350-400 million IPO, eyes valuation of up to $2.5 billion. E-commerce retailer Snapdeal is eyeing an initial public offering to raise $350-400 million, according to sources aware of the talks, and is looking for a valuation of $2-2.5 billion.
Which US company acquired a controlling 77% stake in Flipkart for $16 billion valuing it at $22 billion?
Walmart
BENGALURU: E-commerce firm Flipkart has raised $ 3.6 billion in major financing round since US retail behemoth Walmart acquired the company in 2018 for a controlling 77% stake for $16 billion.
Who is Flipkart CEO?
Kalyan Krishnamurthy (Jan 2017–)
Flipkart/CEO
Who is the CEO of Udaan?
Vaibhav Gupta
On September 10, Udaan, an online platform for businesses and shop-owners, said cofounder Vaibhav Gupta would take charge as CEO, while cofounders Sujeet Kumar and Amod Malviya would work with him as board members to ensure that Udaan transitions to a CEO-led structure, aiming to be a publicly listed company in 18-24 …
What is udaan capital?
Udan Capital Services Private Limited is an Indian Non-Government Company. It’s a private company and is classified as’company limited by share’. Company’s authorized capital stands at Rs 5.0 lakhs and has 42.8% paid-up capital which is Rs 2.14 lakhs.
Who owns myntra?
Flipkart
Myntra/Parent organizations
The Co-Founder of Myntra- Mukesh Bansal Flipkart acquired Myntra in 2014 for a record-breaking deal valued at ₹2,000 Cr ($280 million). At the time of acquisition by Flipkart, Myntra had a total of 1,50,000 products of over 1000 brands, catering to over more than 9000 pin codes in India.
Which country is owner of Flipkart?
Indian
Flipkart is an Indian e-commerce company, headquartered in Bangalore, Karnataka, India, and incorporated in Singapore as a private limited company.
Who has invested in Flipkart?
India’s e-commerce giant Flipkart said Monday it raised $3.6 billion in fresh funds from global investors. The new round of funding was led by Singapore’s GIC, the Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart. Flipkart now has a valuation of $37.6 billion.
Who invested in Flipkart?
Masayoshi Son-led SoftBank invested $2.5 billion in Flipkart in 2017, selling its stake to Walmart a year later for $4 billion. Flipkart cofounders, Sachin and Binny Bansal (no relation) have exited the ecommerce firm.
Is Sachin Bansal a billionaire?
Sachin Bansal (born August 5, 1981) is an Indian entrepreneur. He is best known as the co-founder of Flipkart, that was acquired by Walmart (77 per cent stake) at $16 billion in 2018. During his over 11 year career at Flipkart, Bansal was CEO and chairman….
| Sachin Bansal | |
|---|---|
| Spouse(s) | Priya Bansal |
What is the revenue of Flipkart in India?
Flipkart revenue FY 2014-2020 Published by Statista Research Department, May 17, 2021 Flipkart Private Limited reported a revenue amounting to approximately 346 billion Indian rupees in financial year 2020. Additionally, the e-commerce player had an increase of 12 percent in its revenue, compared to the previous year.
What was the valuation of Flipkart three years ago?
Three years ago, Flipkart was valued at $22 billion. Sovereign funds such as DisruptAD, Khazanah Nasional Bhd, and marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global also participated in the fundraising, the e-tailer said in a statement on Monday.
When did Walmart acquire 81% of Flipkart?
Walmart is an American multinational retail company that operates in multiple sectors. Headquartered in Bentonville, Arkansas. On May 2018, Walmart acquired 81.3% of Flipkart. Flipkart massive inventory system is supplied by some of the prime titans in India:
Who are the new investors in Flipkart in 2014?
On 29 July 2014, Flipkart announced that it raised US$1 billion from Tiger Global Management LLC, Accel Partners, and Morgan Stanley Investment Management, and a new investor, Singapore sovereign-wealth fund GIC.