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Flipkart

Flipkart: A Dominant Force in Indian E-commerce Flipkart Private Limited, headquartered in Bangalore and incorporated in Singapore, has solidified its position as a major player in the Indian e-commerce landscape. Initially focusing on online book sales, the company strategically diversified into a ...

Flipkart Overview

Flipkart Image Source : Wikipedia
  • Company type Subsidiary
  • Industry E-commerce
  • Founded 2007
  • Founders Sachin Bansal, Binny Bansal
  • Headquarters Bangalore, Karnataka, India (operational HQ), Singapore (legal domicile)
  • Area served India
  • Key people Kalyan Krishnamurthi (CEO)
  • Services Online shopping
  • Revenue ₹70,541 crore (US$8.1 billion) (2024)
  • Net income ₹-4,248 crore (US$-490 million) (2024)
  • Number of employees 22,000 (excluding Myntra) (January 2024)
  • Parent Walmart (~85%)
  • Subsidiaries Cleartrip, Ekart, Flipkart Health+, Flipkart Wholesale, Myntra, Shopsy
  • Website www.flipkart.com

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Flipkart history

Last Updated : 08/03/25, 12:30 PM
Flipkart, an Indian e-commerce giant, has significantly transformed the way shopping is perceived and conducted in India. Founded in 2007 by Sachin Bansal and Binny Bansal, two alumni of the Indian Institute of Technology Delhi, it started as an online bookstore. However, recognizing the vast potent...

FLIPKART NEWS

Flipkart Big Diwali sale kicks off from November 7: Deals to look out for

November 05, 2020 3:01 pm

Flipkart to kick off its Big Diwali sale from November 7, which will go on until November 13. Here's a look at the deals that the company will be offering during the sale.

Micromax IN series Note 1, 1b launched in India: Price, specifications and sale date

November 03, 2020 1:05 pm

The Micromax IN series price in India starts from Rs 6,999, and the new devices will go on sale from November 24. Read on to know more about the specifications and features of the Micromax devices.

Micromax IN series LIVE Updates: IN Note 1 at Rs 10,999, IN 1b at Rs 6,999; sale from Nov 24

November 03, 2020 3:36 pm

Micromax IN series Price in India, Specifications, Launch Live Updates: The new "Made in India" phones from the company will launch today and they will pack a MediaTek SoC.

Diwali gift ideas: Here's what you can gift your loved ones this Diwali

October 29, 2020 12:20 pm

Gifting cards are one of the best gifts you can give it to anyone if you don't know what the person likes to have. Read on to know more about them.

Flipkart Big Diwali sale begins October 29: These are the best deals and discounts

October 29, 2020 9:01 am

Flipkart has announced that it will be kicking off its "Big Diwali" sale from October 29 in India.

E-commerce sales jump to $4.1 billion during October 15-21: Report

October 27, 2020 5:29 pm

E-commerce Sales Growth Oct 2020: Flipkart group, which includes fashion e-retailer Myntra, accounted for 68 per cent of the overall GMV during October 15-21.

Eye on offline market, Flipkart buys 7.8% in Aditya Birla Fashion

October 24, 2020 12:50 am

The deal is part of a trend where online retailers are entering into financial and strategic partnerships with offline retailers to expand their presence.

Explained: What Flipkart picking up stake in Aditya Birla Retail means for both groups

October 24, 2020 7:17 am

The deal comes at a time when India’s retail market has witnessed an uptick in activity with Reliance Retail on the one hand acquiring Future Group’s assets and on the other raising funds from foreign investors.

Flipkart to purchase 7.8% stake in Aditya Birla Fashion and Retail for Rs 1,500 crore

October 23, 2020 12:41 pm

Flipkart-Aditya Birla Fashion deal: Aditya Birla Fashion and Retail (ABFRL) will issue equity shares on a preferential basis to Flipkart Investments Private Limited at Rs 205 per share.

Flipkart opens 'Best Price' store in Tirupati

October 22, 2020 1:09 pm

It is Best Price's 29th store in the country where it is present in nine states, and serves kiranas, offices and institutions, and hotels, restaurants and caterers through a membership model.

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