Flipkart December 2014, after it received $700 million from another funding, Flipkart had a market cap of $11 billion. On 20 December 2014, Flipkart announced filing application with Singapore-based companies' regulator ACRA to become a public company after raising $700 million for long term strategic investments in India following which its number of investors exceeded 50. The $700 million fund raised by Flipkart added new investors—Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates and Qatar Investment Authority—on company's board. Its existing investors DST Global, GIC, ICONIQ Capital and Tiger Global also participated in this latest financing round. , Flipkart
Nau (clothing retailer) to an inability to raise further capital. In 2008 Nau was purchased by Horny Toad, Inc. and reopened for trade in October of that year. In October 2013, Horny Toad sold the Nau brand to Korean-based Black Yak for an undisclosed amount with plans to continue the growth of the business through online, wholesale and eventually its own retail channels. Nau (clothing retailer) Nau is a clothing company, founded in 2007 by Marmot (company) founder Eric Reynolds and based in Portland, Oregon, United States. The company's business model includes the use of textiles developed from sustainable technical fibers and fabrics