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GIC invests in India e-commerce giant Flipkart

It believes in the strong growth potential of India's e-tailing industry

[SINGAPORE] Singapore's GIC has invested in Flipkart, India's largest e-commerce company - making it one of several investors who have participated in Flipkart's latest round of funding, which raised a whopping US$1 billion.

The sovereign wealth fund confirmed its participation yesterday...

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