Flipkart has raised $382 million in internal funding from its Singapore-based parent entity. The funding is aimed at enhancing its e-commerce offerings.
Apr 02, 2025•9 months ago
Amount Raised
$382 Million
Investors
Walmart
Description
Flipkart Internet, the marketplace arm of Walmart-backed Flipkart, has received Rs 3,249 crore (approximately $382 million) in internal funding from its Singapore-based parent entity. The funding was raised through the issuance of equity shares on a right issue basis. This funding event highlights Walmart's ongoing commitment to supporting Flipkart's growth in the e-commerce market. The company reported significant growth in operating revenue and a reduction in losses for the fiscal year ended 2024.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech