Markdowns Of Flipkart Doesn’t Matter: Sachin Bansal
Recently Flipkart was marked down in it's valuation by a couple of investors and third- parties! Sachin Bansal, the founder of the e-commerce giant Flipkart considers them as their " opinions" and cited the case of Uber to illustrate that it will not impact fundraising plans of the e-commerce major.
"That does not matter. If you look... they did it to Uber as well. Uber raised (money) at a higher valuation. They did it to one more company, they also raised money at higher valuation," Bansal said on the sidelines of an event.
"I think it does not matter, people have their own opinions and it is their own opinion," he added.
He was also confident about the fact that these statements will not have any impact on the company's future fund raising.
For now, Flipkart is pretty well capita...