Tuesday, October 16, 2012

FlipKart Venture Funds, Revenue and Spend

Funds for FlipKart.com


Series D Funding (2012) – Expected USD 150m (Not disclosed yet)

MIH (Naspers - South Africa)
http://www.naspers.com/

ICONIQ Capital (CA, USA)
http://www.iconiqcapital.com/


2011 - 2012

Tiger Global Management - USD 31m

Series C funding (2011)

Tiger Global Management - USD 20m

2010

Tiger Global - USD 10m

2009

Accel India - Undisclosed
Capital Investment by the Bansals - INR 4 Lakhs


REVENUE

2011 – 2012 Revenue

INR 500 Crores

2010 – 2011 Revenue

INR 75 Crores

2009 – 2010 Revenue

INR 20 Crores

2008 – 2009 Revenue

INR 4 Crores


LARGE SPENT

2012 – Acquired LetsBuy.com for USD 25m (estimated)