Fundz

Flipkart Raises $3.6 Billion As Competition Intensifies; Valuation Jumps To $37.6 Billion

PRIVATEJul 12, 2021

Amount Raised

$3.6 Billion

Round Type

Funding Round

BengaluruCommerce and ShoppingSoftwareE CommerceFashionRetail

Description

Ecommerce major Flipkart has raised $3.6 billion in a new round of funding that will give it a massive firepower to expand online shopping in India and take on rivals like Amazon, Reliance Industries (RIL) and the Tata Group.

Quick answer

Flipkart raised $3.6 Billion in a Funding Round round, dated July 12, 2021. Flipkart is based in Bengaluru, Karnataka, India.

How much did Flipkart raise?
Flipkart raised $3.6 Billion in a Funding Round round on July 12, 2021.
What does Flipkart do?
At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago.
Where is Flipkart based and how big is it?
Flipkart is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Flipkart?
Fundz holds 2 contacts at Flipkart, including the Lead HR Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and E Commerce around the same time

Companies in the same sectors as Flipkart that raised within 45 days of this round, from Fundz verified event records.

  • Grove Collaborative raised $1.5M (Seed) on August 16, 2021.
  • 1-800-Flowers.com raised $60M (Funding Round) on August 2, 2021.
  • SKIMS raised $330M on July 20, 2021.
  • JOOR raised $47M on June 25, 2021.
  • Reddit raised $410M on August 26, 2021.
  • InfoSum raised $65M (Funding Round) on August 18, 2021.

Who to call at Flipkart, and when

A new round usually means Flipkart is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flipkart raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flipkart, from your own LinkedIn network

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Company Information

Company

Flipkart

Location

Bengaluru, Karnataka, India

About

At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago. Flipkart’s latest funding, was led by Canada’s CPPIB, SoftBank Vision Fund, along with participation from existing backers like Singapore government’s sovereign wealth fund GIC, Qatar Investment Authority and Walmart, post which the company is has now been valued at over $37.6 billion.

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Fundz sees it the moment Flipkart raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsRitika S., Lead HR Partner hiddenSee plans and pricing
Predictive Intelligence
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Flipkart raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.