Looks like the enthusiasm of Sachin Bansal is shared by Accel Partners & Tiger Global Management, who have pledged US$ 150 Million to the company. This fourth round of funding takes the Valuation of Flipkart to a whopping figure of US$ 850 Million. Flipkart which initially started its operations with focus on books has diversified into myriad forms of products & services. Given the entry of...

Sachin Bansal, CEO Flipkart, is confident at achieving 10 fold growth in revenue this year. Mr. Bansal recently confirmed in a statement, “In terms of revenue, we are looking at Rs. 500 Crores to Rs. 600 Crores in thecurrent financial year”. In retrospection, the company had managed a revenue of 50 Crores last year. The confident, IIT & ex-Amazon Duo Sachin Bansal and Binny Bansal is targeting...