Flipkart is probably the most recognized online shopping store in the Indian market.
The company however is not very profitable and have just undergone fourth round of financing.
Sources say they have now raised around USD 150 million from four investors. This should ensure three years of operations without any need for further financing.
The company say they are aiming at hitting $1 billion in gross merchandise value by 2015.
Reports further say that with this latest round of investment, the combined share of co-founders Sachin Bansal and Binny Bansal is now less than 40%.