NEW DELHI—Indian e-commerce startup Flipkart Group said Monday it has raised $1.4 billion from technology heavyweights Microsoft Corp., eBay Inc. and Tencent Holdings Ltd., giving it a cash boost as it seeks to combat Amazon.com Inc.’s rapid growth in the country. Bangalore-based Flipkart, which was founded in 2007 and sells everything from smartphones to jeans, said in a statement that the investment values the company at $11.6...

Source: Wall Street Journal April 10, 2017 10:18 UTC