Flipkart – India's biggest online retailer – today declared two noteworthy bits of news. Right off the bat, it raised a mammoth $1.4 billion from Tencent, eBay, and Microsoft, alongside past financial specialists in the nation, similar to Tiger Global, Naspers Global, Accel Partners, and DST Global. This round qualities the organization at $11.6 billion, and is the eleventh the organization has raised, excluding two holy messenger rounds. In any case, maybe most energizing, it likewise declared that it was to procure eBay India. Neither Flipkart nor eBay have revealed terms, however as indicated by the Economic Times, it will proceed work as a different element from Flipkart. In an indication of expanded co-operation amongst Flipkart and the world's biggest online commercial center, the two organizations have additionally marked a select cross-fringe exchange understanding. Therefore, Flipkart clients will access eBay's worldwide stock, while eBay clients will have the capacity to buy from vendors on the Flipkart stage. eBay was one of the universal tech organizations that put resources into Flipkart this round, and is said to have wagered $500 million on the organization. While crisp capital is extraordinary news for Flipkart, it comes with a biting persistent flavor. The present valuation of $11.6 billion is down from $15.2 billion of every 2015, when it last raised money. It really puts it generally keeping pace with 2014's valuation, when it raised $700 million at a valuation of $11.3 billion. The lower valuation proposes speculators are investigating India's greatest online retailer, which is right now thinking about guerilla equal firms, similar to Amazon, Snapdeal, and Shopclues, and also the obstacles of building its own particular coordinations in one of the greatest and most crowded nations on the planet.