Flipkart may seek help of investment banks to raise funds3 min read . Updated: 25 Nov 2016, 06:41 PM IST
Competition from Amazon India has forced Flipkart to turn to investment banks, including Goldman Sachs, to find new investors
Bengaluru: After raising cash with relative ease at successively higher valuations in most of its funding rounds, online marketplace Flipkart is now considering appointing an investment bank for the first time in years to try and attract new investors to its next round of funding, four people familiar with the matter said.
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