India’s Flipkart Raises $700M In Fresh Funding, With Help From Tiger Global

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India’s Flipkart Raises $700M In Fresh Funding, With Help From Tiger Global

India’s Flipkart Raises $700M In Fresh Funding

(Reuters) – Flipkart, India’s largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country. Flipkart, founded in 2007 by two former Amazon employees, has been in talks in recent weeks to raise up to $1 billion. The…

Corsair Capital Profits From Goldman Sachs’ SPACs [Exclusive]

Cubic Corporation Chris Hohn favorite hedge fundsCorsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%. Q2 2021 hedge fund letters, conferences and more According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor Read More


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