Indian general merchandise retailer Flipkart has raised $200 million (£131 million) for a number of private equity funds.
Reuters reported that the fund raising could be the largest ever in the country for an ecommerce company.
South African tech group Naspers and private equity funds Tiger Global and Accel Partners all provided funds, according to a company statement. The three are all existing investors.
The funds will be used for investing in technology and strengthening the supply chain, it said. The company is six years old and offers products from clothing, watches and jewellery to mobile phones.
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