Flipkart, India’s leading e-commerce platform, has reached a new milestone with a valuation of $50 billion after completing its latest round of funding. The company received a significant investment from a mix of international investors and venture capitalists, fueling its expansion plans.
This achievement places Flipkart as one of the most valuable startups in the country, competing with global giants like Amazon. The fresh capital will be used to further strengthen Flipkart’s market share, improve logistics, and enhance its product offerings to reach more customers across India.