Flipkart burns over USD 3.7 billion cash in about a year till Sep 2022

In July 2021, Flipkart announced raising USD 3.6 billion. In August 2021, the firm invested USD 1.42 billion in various arms just ahead of the festive season New Delhi: E-commerce major Flipkart has burnt cash of USD 3.7 billion (about Rs 30,000 crore) in about a year ending September 2022, according to regulatory filings. Flipkart had […]

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