Funding round
Flipkart Series E
Flipkart, which works in online retail in Bengaluru, raised $200M in a Series E round announced on 10 Jul 2013. 5 firms took part, 5 of them already investors. It is Flipkart's second venture round on record; the one before was a Seed in Jan 2008.
$200M
Amount raised
Not disclosed
Post-money valuation
5
Investors
no lead named
Valuation
What this round says about the price
Flipkart did not disclose a valuation in this round. It came 66 months after Flipkart's Seed. It is 3.0% of the $6.71B Flipkart has raised in the venture rounds on record. Flipkart raised again 10 months later: a Growth round of $210M in May 2014, at $2.60B 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 this round 10 Jul 2013 $200M
- Growth 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
5 firms took part; no lead investor was named.
Investors
- Tiger Global backs 391 venture-backed companies existing investor
- Naspers existing investor
- Accel backs 581 venture-backed companies existing investor
- Iconiq Capital existing investor
- backs 2 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Cleaning Equipment & Supplies | 1 Aug 2013 | $14M | not disclosed | Noventi Ventures |
| Tech Companies | 15 May 2013 | $45M | not disclosed | Janus Capital and The Hillman Company |
| General Retail & Merchandise | 15 May 2013 | $32M | not disclosed | not named |
| Electronical Components Manufacturing | 23 Oct 2013 | $25M | not disclosed | Intel Capital |
| Aerospace and Defence | 19 Mar 2013 | $45M | not disclosed | Riverwood Capital |
| Medical Supply Manufacturers | 28 Mar 2013 | $40M | not disclosed | Goldman Sachs |
| Tech Companies | 19 Nov 2013 | $34M | not disclosed | Western Digital |
| Furniture Stores | 30 Jan 2014 | $112M | $912M | Mousse Partners |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Flipkart raise in its Series E round?
Flipkart raised $200M in its Series E round, announced in Jul 2013.
Which investors took part in Flipkart's Series E round?
Tiger Global, Naspers, Accel, Iconiq Capital and MIH Ventures.
What was Flipkart's valuation at the Series E round?
It was not disclosed.
Did Flipkart raise again after this round?
Yes: a Growth round in May 2014 of $210M at $2.60B post-money.