Flipkart Is Reportedly In Merger Talks With Myntra

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Flipkart and fashion e-tailing portal Myntra are reportedly in talks for a merger. The Economic Times  has reported that the proposal is being pushed by their common investors Accel Partners and Tiger Global. The key decision will be taken in two weeks. Bangalore-based Flipkart has been aiming for expansion in new categories like fashion retail, white goods and furniture. The proposed merger with...
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Tiger Global And Accel Partners Invest Rs 64 Cr In CommonFloor

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CommonFloor has beefed up Rs 64 Cr in funding from existing investors Accel Partner and Tiger Global. The online real estate portal will use the funds raised for product development, building research expertise in the domain and for marketing. Prior to this, the Bangalore-based company had raised about $7.5 million (over Rs 45 crore) from the same investors in July last year.“We have seen phenomenal...
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Olacabs Concludes Series B Funding Round From Matrix Partners And Tiger Global

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Olacabs, a Mumbai based online cab booking platform has successfully closed its Series B round of funding. Though the quantum of investment in this round, led by Matrix Partners India and Tiger Global has not been formally disclosed, industry insiders are speculating this round made Olacabs richer by US$ 20 Million. The company will utilize these funds to expand operations in newer markets and deepen...
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Flipkart Receives $160 Mn From New Set Of Investors As It Looks To Scale Up Operations

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Online multi-vertical e-Commerce portal Flipkart has raised additional US$ 160 Million from a new set of investors. This round of funding will augment the US$ 200 Million; the web-company had secured from existing investors Naspers, Tiger Global, Accel Partners and ICONIQ Capital in July.The new round of funding was participated by Dragoneer Investment Group, Morgan Stanley Investment Management,...
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Olacabs Receives Additional Investment Of $ 3.2 Million From Tiger Global

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Investor & VC firm Tiger Global Management has extended its investment in Mumbai-based ANI Technologies Pvt. Ltd, which owns & operates online taxi booking portal Olacabs. The firm has made an additional monetary infusion of US$ 3.2 Million (Rs. 19.2 Crores). These funds are expected to be utilized to meet the immediate goals of expansion to other cities.Tiger Global has been quite enthusiastic...
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Flipkart Raises $200 Million From Existing Investors; Biggest Funding Round Yet In Indian E-commerce

flipkart
Flipkart, the Indian e-commerce major, has announced that it has raised the largest amount of investment till date in the Indian e-commerce segment. The amount raised is $200 million and has been secured from existing investors Naspers, Accel and Tiger Global. The funds are to be utilized for boosting technology and supply chain capabilities in addition to improving inbound talent in the company.Flipkart...
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Tiger Global And Accel Partners Invests $7.5 Million In CommonFloor.com

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Real estate and apartment management portal Commonfloor.com has raised $7.5 million in series C funding from Tiger Global and Accel Partners. The new funds will be used to penetrate deeper into existing markets, expand marketing initiatives and invest in technology and product enhancement.“This round of funding by our existing investors is a vote of confidence in our business model and traction...
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Tiger Global and Accel Partners invest $25 Million in Myntra

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Online fashion store Myntra has secured a funding of $25 million from existing investors Tiger Global and Accel Partners. The funds will be used for improving technology and enhancing customer experience. Myntra had raised $20M from Tiger Global in February last year. Launched in 2007, the fashion and lifestyle portal has raised $65 million through venture capital route till date, as per a Business...
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Just Dial Will Hold IPO On May 20th; Biggest Indian Consumer Internet IPO So Far

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We have been hearing about Just Dial’s impending IPO since quite a while and now finally we have received confirmation about it. The IPO will open on May 20th, 2013 and the company has proposed the issuance of 17,497,458 equity shares having a face value of Rs. 10 each. This will be done through a sale by the shareholders which will be selling their shares. The company has also informed that a 10%...
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CaratLane Has Reportedly Raised Its Third Round Of Funding From Tiger Global

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We have got an anonymous tip-off that online jewellery website, CaratLane has raised a third round of funding from Tiger Global to the tune of $15 million. According to the tipper, it seems that no one has reported the second round of funding that the company received in 2012 from Tiger Global. The amount in this round was Rs. 30 crore. All this in addition to the Series A they received has driven...
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