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Flipkart invests Rs 22 billion more in wholesale subsidiary in India

Flipkart’s parent entity had infused Rs 34.6 billion into Flipkart Internet, the marketplace unit, in September, ahead of its Big Billion Days sale.

Flipkart has bagged a fund infusion of Rs 21.9 billion (approximately $300 million) for its wholesale arm in India, the second large cash infusion made by the Singapore-based firm since investments from the US retail giant. 327 more words

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