Flipkart Now Valued at $15.5bn

Flipkart, India’s largest e-commerce site, is now valued at $15.5bn after raising $550m from existing investors.  This raise – which was led by Tiger Global Management – makes Flipkart the third most valuable privately-held startup company in the world.  Flipkart has now raised over $3bn in total capital from investors such as Accel Partners, T. Rowe Price Associates, DST Global, Naspers, GIC, and Qatar Investment Authority.

Flipkart is a members of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 106 companies organized by investment theme.