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Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products. [5] [6]
Flipkart, established in 2007, is one of India’s leading online retailers with 500M buyers, and 14 lakh sellers, with capabilities to deliver across 100% of serviceable PIN codes in India. Myntra is India’s leading fashion retailer with distinctive private brands and labels and exclusive international brands.
- Flipkart - About
- Flipkart - Industry and Target Market Size
- Flipkart - Founders and Team
- Flipkart - Startup Story
- Flipkart - Mission
- Flipkart - Name, Tagline, and Logo
- Flipkart - Parent Organization
- Flipkart - Subsidiaries
- Flipkart - Business Model and Revenue Model
- Flipkart - Partnerships
Flipkart, an Indian eCommerce company founded in 2007 by Sachin Bansal and Binny Bansal, has become a household name. Based in Bengaluru, India, Flipkart has been selling a vast range of products online, similar to Amazon. Its phenomenal marketing strategieshave attracted the attention of retail giant Walmart, which acquired Flipkart for $16 billio...
Flipkart uses an undifferentiated targeting strategy since people of all demographies purchase items online, which are available to everyone where delivery is possible. National and multinational e-commerce companies are giving neck-to-neck competition to each other, due to which their positioning is very important. Flipkart has positioned itself a...
Flipkart was founded by Sachin Bansal and Binny Bansal in May 2007. Kalyan Krishnamurthy is the CEO of the company. He was appointed CEO of the company in January 2017, when he replaced Binny Bansal.
The IIT-Delhi graduates, Sachin and Binny Bansal, were employees at Amazon when they began thinking of building their own company in India. Though Sachin was an employee working with Amazon for some time, Binny was referred to join the company by Sachin, and the former appeared to be quite bored with the company. It was like a "12 to 3 job or somet...
Flipkart's mission is to provide a delightful customer experience by being the partner of choice for Indians and to create India's most customer-centric company.
The founders of Flipkart, Sachin Bansal and Binny Bansal, wanted a name that could speak beyond books. Furthermore, they also wanted to name their company in such a way that it would be suitable for a wide range of product categories that could also be expanded in the future. Flipkart means ‘flipping things into a shopping cart’. The logo of Flipka...
In August 2018, U.S.-based retail chain Walmart acquired a 77% controlling stake in Flipkart for $16 billion, valuing the company at $20 billion. With this acquisition, Walmart claimed that the omnichannel retail sector has a huge potential for future growth. Speaking at Retail India Summit and Expo, Walmart India President and CEO Krish Iyer claim...
The subsidiaries of Flipkartare Myntra, Mallers, eBay, Ekart, Jeeves, Mech Mocha, Upstream Commerce, Ugenie, DSYN Technologies, AdIQuity Technologies, Jabong, ClearTrip, Shopsy, Yaantra, Liv.Ai, F1 Info Solutions and Services, Fx Mart, Appiterate, ngpay, Mime360, WeRead, Chakpak, and Sasta Sundar. In 2016, Flipkart Group acquired PhonePe. However, ...
Flipkart works on a B2C business modeli.e., a business-to-consumer model. The company initially began with a direct-consumer model, wherein it sold books and some other products. Today, it has become a marketplace with a huge catalog of products—right from FMCG to electronics and books. Flipkart claims it has over 80 categories and over a million s...
Flipkart has seen a wide range of partnerships throughout the years it has been active. Some of the most prominent of its partnerships are:
- 2007
- Bengaluru, India
- Sachin Bansal, Binny Bansal
- E-commerce
Is Flipkart a private or public company? Flipkart is a Private company. What is the current valuation of Flipkart? The current valuation of Flipkart is . What is Flipkart’s current revenue? The current revenue for Flipkart is . How much funding has Flipkart raised over time? Flipkart has raised $6.01B. Who are Flipkart’s investors?
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Apr 8, 2024 · Flipkart Private Limited, an Indian multinational e-commerce giant, has its headquarters in Bangalore and is incorporated as a private limited company in Singapore. The company’s journey began with a primary focus on online book sales.
- Flipkart
- Walmart
- E-Commerce
- Private & Subsidiary
Jun 12, 2024 · Official website of the Flipkart Group, which includes Flipkart, Myntra, Cleartrip, Flipkart Health+, Shopsy, Flipkart Wholesale, eKart Logistics and Jeeves.
Binny and Sachin Bansal founded Flipkart in 2007, with headquarters in Bengaluru in India. In 2018, the company was acquired by the giant retail corporation, Walmart . Read More
