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
Moto E (1st generation) of the Indian release of the Moto G, and crashed the website of Flipkart—the online retailer marketing the device in the country. The Moto E was succeeded by the Moto E (2nd generation) in February 2015. The Moto E was designed to specifically compete against feature phones in emerging markets; according to Charlie Tritschler, Motorola's senior vice-president of products, the Moto E's goal is to "end the feature phone", and the device is primarily targeted towards "people who have been on the edge for a while but just didn’t think they could afford a smartphone." The Moto E carries on