Flipkart may appoint an investment bank to raise funding
For the first time in years, e-commerce major Flipkart may reportedly appoint an investment bank to attract new investors for its next round of funding. Flipkart even held talks with several investment banks including Goldman Sachs Group. Flipkart, with its fashion verticals Myntra and Jabong, burns a total of ₹275 crore ($40 million) a month.