Flipkart’s revenue growth slowed down in the year ending March 2017 to 29% (to Rs19,855 crore), against 50% growth in the previous year. Tell me more: US central bankers have projected a median federal funds rate of 2.9% by end-2019 and 3.4% by 2020. Along with interest, the firm’s total dues to banks would be over Rs1,000 crore. The accumulated losses of Flipkart as of March 2017, up from Rs10,000 crore a year ago. Tell me more: Flipkart’s revenue growth slowed down in the year ending March 2017 to 29% (to Rs19,855 crore), against 50% growth in the previous year.

Source: Mint March 22, 2018 06:22 UTC