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Flipkart wants to win. | Image courtesy: @jabong

Flipkart raises $71 million to tackle India’s massive e-commerce market

Flipkart, India’s biggest e-commerce site, has raised $71 million in equity funding. The company has raised over $3.9 billion to date. The investment came from the company’s existing investor Naspers, a South Africa-based media group an investment firm that will take a 16.5 percent stake of Flipkart, IndiaWeb2 reports. In April the company raised $1.4 …

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