Sourav Bose | Geek

Flipkart , India's largest e-commerce site, has raised $1 billion in a new round of funding co-led by Tiger Global and Naspers with participation from Accel Partners , Morgan Stanley Investment Management , Sofina of Belgium and Singapore's wealth fund GIC . Flipkart offers more than 70 categories of goods and services, and its online shopping site sees over 4 million daily visits and 22 million registered users. Founded in 2007, Flipkart has raised $1.8 billion to date and will use the new funds to continue to expand in the $3 billion Indian e-commerce market. Spire , a microsatellite company formerly known as NanoSatisfi, has raised $25 million in a Series A round led by RRE Ventures with participation from Moose Capital , Qihoo and Mitsui & Co. Global Investment . Spire is building a fleet of small, cheap satellites that work with a remote-sensing platform to collect better data from areas like weather to fishing and global trade. Founded i...