Billion Dollar Club: World's 10 Most Valuable Tech Startups
By
siliconindia | Thursday, 02 July 2015, 11:04 Hrs
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Flipkart
Valuation: $11 billion
Flipkart is an online one-stop store for a wide range of products in electronics, fashion, apparels, gadgets, books and much more. The startup was founded in 2007 by Sachin Bansal and Binny Bansal. Flipkart has raised $2.5 billion from 16 investors in 11 rounds. Following huge success in the Ecommerce sector in India, the company acquired Chakpak, Myntra, weRead, Mime360 and LetsBuy.com.
Prime investors: Digital Sky Technologies, Tiger Global Management, Qatar Investment Authority, T.Rowe Price, Steadview Capital, Morgan Stanley and Vulcan Capital.
Read More: 5 AI Startups That Are Making Leaps And Bounds In 2015

