July 09, 2026 07:06 am (IST)
Follow us:
Flipkart raises $1 bn in funds
Bangalore, July 29 (IBNS): Indian e-commerce company Flipkart on Tuesday said it has raised USD 1 billion in fresh funding.
The move assumes significance as it is the largest ever fund-raising by an Indian internet company.
Flipkart co-founder Sachin Bansal told media: "When we started in 2007 we could never dream to reach here. Today, we are dreaming big."
"We are dreaming to build a long lasting enterprise. Hopefully, it will be worth a 100 billion dollars, " he said.
Sachin Bansal and Binny Bansal had set up the company in 2007.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
L&T Vyoma and Fortanix partner to deliver confidential computing with NVIDIA technology
Wed, Jul 08 2026
Dalal Street bleeds! Sensex tanks over 1,600 points after Trump declares Iran ceasefire 'over'
Wed, Jul 08 2026
Vikram Solar successfully rolls out first module from its new manufacturing mega-facility in Tamil Nadu
Tue, Jul 07 2026
Indian markets defy global gloom! Sensex, Nifty extend winning streak for fifth straight session
Tue, Jul 07 2026