Singapore-incorporated parent firm of e-commerce firm Flipkart, Flipkart Private Limited, has pumped in fresh capital of Rs 1,431 crore in Flipkart India Pvt. Ltd., the wholesale arm of the Walmart-owned e-commerce marketplace in India. According to documents filed with the Registrar of Companies (RoC), Flipkart’s parent entity was issued 4.86 lakh shares in Flipkart India on January 7 at a price of Rs 29,400 per share, reported Economic Times via data accessed from paper.vc. Flipkart […]
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