HomeShop18, which claims to be the only company in the e-commerce space in India to have FDI approval, has raised $14 million in funding from its existing investors: Korean home shopping major GS Home Shopping (GS) will invest $11 million, wile OCP Asia and Network18 will invest the rest. Keep in mind that this is the second round of fund raising this year from HomeShop18, after it had raised $30 million from OCP Asia and Network18 in April, a round in which GS Home Shopping had not participated. The transaction values HomeShop18 at $360 Million, while it's competitor Flipkart, which raised $160 million recently, as a part of a $360 million round, was valued at $1.02 billion by Naspers in August 2012, and now, reportedly much higher. Flipkart, Snapdeal and Amazon are online marketplaces, where vendors sell products. What's interesting…
