Now valued at $1.6 billion, Flipkart finally launches its iPhone app

Leading Indian e-store Flipkart has been around for years, but only this week did it get round to launching an iOS app. Yes, e-shoppers in the country can finally browse and buy products on their iPhones without having to fiddle with the browser.

This new release comes two months after Flipkart rolled out an Android app.

Interestingly, the Flipkart iPhone app supports a host of non-Indian languages such as Chinese, Spanish, and Russian.

Flipkart’s last funding round was worth $360 million – the biggest ever for an Indian website business – so the company definitely has the funds to devote to some new apps.

In other Flipkart news today, a new financial report from South Africa’s Naspers reveals that the major Flipkart investor’s 8.1 percent stake in the firm (diluted from 10 percent by newer investments) effectively values Flipkart at $1.6 billion. Earlier this year a similar calculation valued the e-store at $1 billion.

Flipkart’s brand-new iPhone app is here.

(Editing by Paul Bischoff)