According to regulatory filings with the Registrar of Companies (ROC), Flipkart Internet, the marketplace division of ecommerce company Flipkart, got a financial inflow of around $111 million in two parts from its linked firms based in Singapore in January.
India's top energy and city gas distribution firm, Adani Total Gas Limited (ATGL), and the country's first-ever e-commerce platform, Flipkart, have signed a Memorandum of Understanding (MoU).
According to multiple people with knowledge of the situation, e-commerce giant Flipkart has set aside $15–20 million for the startup credit marketplace that senior executive Prakash Sikaria is launching internally.