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According to RoC filings, ecommerce major Flipkart has secured a credit line of over $67 Mn (INR 450 Cr) from private sector lender HDFC Bank. A report by TOI stated that Flipkart has provided fixed deposits as security to the bank. Prior to this, Flipkart India and Flipkart Internet together had pledged assets worth INR […]
The post Flipkart Borrows $67 Mn From HDFC appeared first on Inc42 Magazine.
