Flipkart has infused about $553 million into its business, according to recent regulatory filings made in Singapore. Also, it has pumped another $143 million in its healthcare unit Flipkart Health, these filings showed. With the new capital coming in, it takes the total cash infusion by Flipkart in to the two entities —Flipkart Marketplace Private Limited and Flipkart Health Private Limited—to nearly $700 million.
The investments in Flipkart Marketplace and Flipkart Health is routed through Flipkart Private ltd. Flipkart is domiciled in Singapore and has various units registered in India through which it runs its business here.
Besides the marketplace funding, Flipkart’s new cash for the well being unit is critical because it lately appointed Prashant Jhaveri as its CEO.
Flipkart infuses nearly $700 million in it’s marketplace and healthcare unit
