Flipkart rolls along the bumpy aisle

Flipkart has raised its biggest funding round of $1.4 billion from Tencent, eBay and Microsoft ten years after it was launched with an initial capital of Rs 4 lakh in 2007

Founded by IIT-Delhi graduates Sachin Bansal and Binny Bansal, the Bengaluru startup has grown to become India's largest online retailer soaking in $4.6 billion in funding.

It is locked in a fierce battle with America's Amazon for leadership of the $16-billion industry, even as it has weathered several markdowns in its valuation.