According to official documents, ecommerce giant Flipkart’s cofounder Binny Bansal has sold a stake worth $264 Mn (around INR 2,060 Cr) to Chinese tech giant Tencent. The documents show that ...

Homegrown ecommerce unicorn Flipkart has raised $1.4 Bn funding from Tencent, eBay and Microsoft. This round of funding adds the consortium of global blue chip tech companies to an existing group ...

Tencent, eBay, and Microsoft have made investments aggregating to $1.4 billion in Flipkart, India’s leading online marketplace. The latest funding round from the three global technology giants ...

Tencent has the first right to purchase any shares if any existing stakeholder plans to sell it to Alibaba Flipkart investors can sell shares to Alibaba only if Tencent is notified of the ...

At a time when Chinese investments are under fire in India, Tencent has invested $62.8 million in Indian e-commerce giant Flipkart, according to filings sourced by paper.vc. The Flipkart ...

Homegrown e-commerce major Flipkart in talks with Microsoft, Tencent Holdings, eBay and PayPal Holdings, among others to raise fresh funding round of up to $1.5 billion at a valuation of $10-12 ...

Tencent will be the largest minority stakeholder once SoftBank exits Flipkart. SoftBank, the Japan-based telecom and internet giant, has finally agreed to sell its 21% stake holdings in Flipkart ...

The report added that Flipkart’s existing investor Tencent, Flipkart cofounder Binny Bansal and some other private equity funds have shown their interest in investing in the payment application.

After Flipkart and SoftBank, Bengaluru-headquartered foodtech startup Swiggy has reportedly initiated discussions with Chinese investment conglomerate Tencent and existing investor Naspers for a ...

Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. Now, Flipkart will have in excess of $4 billion of cash on balance sheet. India has a thriving Internet ...

Post its foray into the Indian ecosystem in 2015, Tencent has majorly invested hefty sums in late-stage startups only. Its early bets include Practo, Hike, Flipkart, and Ola. “They (Tencent ...