With an estimated personal fortune of $15.3 billion, 60-year old Microsoft co-founder Paul Allen is the world's wealthiest bachelor, followed by 79-year old Italian fashion designer Giorgio Armani who has a net worth of $10.9 billion.
He will look at early stage software, Internet, and tech companies.
The Bangalore-based company had raised $200 million in July from existing investors.
Enforcement Directorate sources tell Vicky Nanjappa/Rediff.com that the probe into FDI received by Flipkart continues and a show cause notice will be issued to the online retailer.
The company did not disclose its new holding pattern.