Flipkart Adds $160 million to its fund

E-Commerce company Flipkart has raised $160 million, in addition to the previous $200 million (in July), to build and strengthen technology and enhancing the end-user experience. Investors like Dragoneer Investment Group, Morgan Stanley Investment Management, Sofina and Vulcan Capital and Tiger Global have participated in the present funding. Flipkart's rival Snapdeal had raised $50 million from e-bay in March.