Gunderson Dettmer Stough Villeneuve Franklin & Hachigian has had the lead role advising on Indian e-commerce company Flipkart Ltd.’s most recent $2.5 billion funding from SoftBank Group Corp.’s Vision Fund. The deal was the largest ever private investment in an Indian technology company.
In the deal announced Thursday, SoftBank Vision Fund agreed to invest directly in Flipkart, India’s biggest online store, and to buy interests from the Indian company’s current shareholders, including New York-based hedge fund Tiger Global Management and Flipkart co-founders Sachin and Binny Bansal.
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