Flipkart may raise Rs 1,200 crore

Flipkart is all set to raise $ 200 million (nearly Rs 1200 crore) in a fresh round of funding from Russia-based DST Global, and it could be its biggest so far, highlighted media reports.

It is also understand that General Atlantic and Fidelity are also in discussions with this Bangalore-based e-retailer, but there was no  confirmation from any of the players.