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Deals Rumor Mill: Flipkart, Metro AG, Hewlett-Packard

By Benjamin Horney (May 19, 2015, 7:36 PM EDT) -- Indian e-commerce website operator Flipkart Internet Pvt. has raised $550 million from investors, according to a Tuesday report from Dow Jones, bringing the company's valuation to about $15 billion. This round of funding came from already-existing investors, the report noted, led by Tiger Global Management, one of the site's biggest investors. According to the report, the fundraising was completed last month, and it launches Flipkart into third place in terms of the highest valued privately held startup companies in the world....

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