Flipkart, the number one online shopping website in India, needs more than $150 million from new investors within 6-9 months even though the largest underwriting companies clearly know the initial public offering plans in US-which would be a highly positeve step towards earning good returns on investment.

Private Equity giants such as the Bain Capital and the Kohl Kravis Roberts were in thought about the potential investments but were unclear about the online shopping giant's ability to deal with a public issue, according to sources from bankers. The present investors in the company Accel Partners and Tiger Global would most likely not invest any more after they have recently shared $100 million follow-on investment this year.

If the investment firms would not respond with a positive reply within 9 months, Flipkart would be short of money. Flipkart's strategy of limiting the cash burn and improving the profitability are not just enough to improve the listing prospects.

(AW- Anil)