Flipkart has announced a raising of $700 million from a clutch of investors, and with the number of shareholders exceeding 50, Singapore based Flipkart Limited has filed for conversion to a Public Company. To give you some context, prior to Flipkart's $1 billion round of funding in July, it had raised $751 million in total, and this funding now takes the total funds raised by the company to around $2.45 billion, of which $1.91 billion has been raised in 2014 alone. That is almost the same as the $2 billion that Amazon had said it was going to invest in India, earlier this year. In 2014, Flipkart has raised over 5 times the money it raised in 2013. 5.3x, to be exact. Investors participating in this round include: - New Investors: Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates and Qatar Investment Authority - Existing Investors: DST Global, GIC, ICONIQ Capital and Tiger Global Some things of note: - Tiger Global has invested in every single round since it first invested in Flipkart in 2010 - Accel Partners, Flipkart's first investor, has invested intermittently - Naspers has invested every year since 2012, and twice this year. Interesting to note that this round doesn't include Naspers, which had invested an additional $242.3M Flipkart in August 2014, as a part of a $1 billion round of funding, . Naspers had then disclosed that it has 16.4% in Flipkart. - DST Global has invested in three rounds this year, and in every…
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