The Bansals of Flipkart — Sachin and Binny — now boast of a combined net worth in excess of $1 billion, inching closer to that of Bangalore's iconic tech billionaires N R Narayana Murthy and Nandan Nilekani of Infosys.

The fresh $1-billion fund raise values the Bansals' combined stake of approximately 15% at over Rs 6,000 crore. The four-member Murthy family has a net worth of around Rs 8,700 crore in India's second largest IT services company, while the Nilekani family's net worth stands at Rs 6,500 crore.