Funding round
Flipkart Growth
Reported as "Growth Equity"
Flipkart, which works in online retail in Bengaluru, raised $210M in a Growth round announced on 26 May 2014, led by DST Global, at a $2.60B post-money valuation. 4 firms took part, 3 of them already investors. It is Flipkart's third venture round on record; the one before was a Series E in Jul 2013.
$210M
Amount raised
$2.60B
Post-money valuation
$2.39B pre-money
4
Investors
1 lead
8.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Flipkart at $2.60B after the new money. The $210M bought investors about 8.1% of the company. It came 10 months after Flipkart's Series E. It is 3.1% of the $6.71B Flipkart has raised in the venture rounds on record. Flipkart raised again 2 months later: a Growth round of $1.00B in Jul 2014, at $7.00B post-money.
Flipkart's funding rounds
Flipkart has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 1 Jan 2008 $800K
- Series E 10 Jul 2013 $200M
- Growth this round 26 May 2014, led by DST Global $210M$2.60B post-money
- Growth 29 Jul 2014, led by Naspers and Tiger Global $1.00B$7.00B post-money
- Growth 20 Dec 2014 $700M$15.50B post-money
- Growth 20 Mar 2017 $1.00B$10.00B post-money
- Acquisition not a venture round 18 Aug 2018, led by Walmart $16.00B$21.00B post-money
- Growth 12 Jul 2021 $3.60B$37.60B post-money
Investors
Who put money in
DST Global led the round with 3 other firms. Tiger Global, Naspers and Iconiq Capital had backed Flipkart before.
Lead investor
- DST Global backs 179 venture-backed companies new investor
Also in the round
- Tiger Global backs 391 venture-backed companies existing investor
- Naspers existing investor
- Iconiq Capital existing investor
Comparable rounds
How it compares
The closest in time: Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Oil & Gas - Extraction & Distribution | 28 May 2014 | $500M | not disclosed | not named |
| Loans & Financing | 4 May 2014 | $70M | not disclosed | Francisco Partners |
| Tech Companies | 1 May 2014 | $64M | not disclosed | not named |
| Tech Companies | 15 May 2014 | $55M | not disclosed | Spectrum Equity |
| Medical Supply Manufacturers | 9 May 2014 | $4.6M | not disclosed | not named |
| Chemicals | 13 Apr 2014 | $1.30B | not disclosed | not named |
| Electronics Stores | 26 Jun 2014 | $144M | not disclosed | Rutland Partners |
| Health Care Services | 1 Apr 2014 | $45M | not disclosed | WestView Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Flipkart raise in its Growth round?
Flipkart raised $210M in its Growth round, announced in May 2014.
Who led Flipkart's Growth round?
DST Global led it, with Tiger Global, Naspers and Iconiq Capital.
What was Flipkart's valuation at the Growth round?
$2.60B post-money ($2.39B pre-money).
Did Flipkart raise again after this round?
Yes: a Growth round in Jul 2014 of $1.00B at $7.00B post-money.