Flipkart Gets $1 Billion from Investors Led by Tiger
Flipkart.com, India’s biggest online retailer, raised $1 billion as investors, including Tiger Global Management LLC andSouth Africa’sNaspers Ltd. (NPN), increased their stakes.
Today’s investment would be the most raised in India's e-commerce industry, according to data compiled by Bloomberg. The money will provide Flipkart with additional impetus as it fights to maintain its lead against competitors such asAmazon.com Inc. (AMZN)in a market that CLSA Asia Pacific Markets projects will grow sevenfold to $22 billion by 2018.
We know that, there is always an innovation across the globe which needs financial push and support.
We at Selective Financial Services , help companies in different industries and different project verticals such as Industrial, Engineering, Information Technology, E commerce and renewable Energy and other key industries.
We are Team of experienced professionals working with several clients across the globe. It is just not project funding; we will also help you with investments in the right projects which give you great returns.
How we are going to help you?
If you have a great project, the first step could be to proof funds. A POF is usually document that demonstrates that a person has the ability and funds available to use for a transaction. It comes in the form of a bank-, security- or custody statement.
The purpose of the document is to ensure that the funds required for the transaction are obtainable and legitimate. Obviously, the price of a proof of funds services is determined by the strength of the proof of funds service that is required and by the term it should be valid. The stronger your requirement, the higher will be the fee for the arrangement.
The longer the validity period, the higher will be the fee. Our Relationship Managers will only take on projects that Selective Financial Services would invest in or partners of our company. Our team has the scope and capability to accommodate projects in different countries around the world. Once Selective Financial Services has a complete understanding of what you want to achieve, a structure of that perfect financial solution can be engineered.
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