Flipkart receives yet another round of funding, and this time it is a commitment of $700 million of which it has already received the initial $180 million as per the industry reports. This investment has come from Steadview Capital which is a Hong Kong based investment firm. This round of funding takes Flipkart to a $11 bn value. This is an amazing story because it surpasses the valuation of well established consumer good companies like Godrej and Dabur.
Much of the growth that the Indian e-commerce companies have see was during the Diwali Season of 2014 when they launched special sales and deals. While the companies got great response from the users (who benefitted through alleged price undercutting) many customers were not happy with the whole experience due to not enough stock, delayed deliveries, site crash with overloads and cards not being accepted. But the e-commerce companies did benefit with acquisition of new users many of whom had not earlier tried online purchasing.
Now doctors can have their websites with free listing on medical tourism promotions starting Rs. 5999/-. For details go to www.mansaimedia.com
