BENGALURU: Accel Partners has sold a fractional stake in Flipkart to Qatar Investment Authority for $100 million (about Rs 650 crore), in a deal that values India’s biggest online marketplace at $15 billion, according to two people aware of the transaction. Accel, the first venture investor in Flipkart, remains the second-largest shareholder in the ecommerce company behind New York-based hedge fund Tiger Global Management. The venture firm’s latest transaction is its most significant .. Read more at: http://economictimes.indiatimes.com/articleshow/50259993.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesAccel Partners sells fractional stake in Flipkart to Qatar Investment Authority for $100 million
Industry: Other 2015-12-21
