Flipkart Internet Receives INR 533 Cr From Singapore Parent

Flipkart Marketplace and its step-down subsidiary Quickroutes International infused the funds in Flipkart Internet

This comes less than a month after Flipkart, through its Singapore holding company, infused INR 3,248.9 Cr in its Indian marketplace entity

Earlier this week, the ecommerce giant announced its intention to relocate its base to India from Singapore ahead of its potential IPO

Flipkart Internet, the marketplace arm of Walmart-owned Flipkart, has secured INR 533 Cr (around $62 Mn) funding from its…