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India’s Largest E-retailer Drives Growth

Flipkart Screen Shot | Source: Flipkart
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  • Emma Clark

"India’s largest internet retailer, Flipkart, has raised $200m from its existing shareholders in a deal that highlights investors’ confidence in the prospects for e-commerce in the country, where bricks-and-mortar retail is being stymied by high real estate costs and state controls."

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