Flipkart Raises Series D Round of Funding from Naspers’ Arm MIH, ICONIQ Capital, Tiger Global and Accel Partners (Asia)

Source: VC Circle  |  Author: Nandana Das

Indian consumer e-commerce firm FlipKart.com has raised Series D funding from a consortium of investors including MIH, a subsidiary of South African media conglomerate Naspers, and U.S.-based investors Accel Partners, ICONIQ Capital and Tiger Global. Financial details of the transaction were not disclosed, but FlipKart was reportedly seeking US$150 million for its Series D round