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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 ...
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
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 deals: List of best DSLR you can get right now
August 20, 2020 8:10 am
Here's a list of the best DSLR cameras you can buy from Flipkart this World Photography Day.
54% rise in number of transacting sellers during Independence Day sale: Flipkart
August 14, 2020 8:05 pm
Walmart-owned Flipkart on Friday said the number of transacting sellers on its platform rose by 54 per cent during the recently concluded sale as compared to last year.
Flipkart Big Saving Days sale LIVE Updates: Some of the best deals to look out for
August 06, 2020 9:51 am
Flipkart Big Saving Days Sale 2020 Offers, Deals Live Updates: Flipkart during its Big Saving Days sale will be offering customers discounts on a slew of product categories including smartphones, wireless audio products, home appliances, home decor and more.
Flipkart Big Saving Days sale: iPhone SE, other smartphones to be discounted
August 05, 2020 11:35 am
In addition to Amazon, Flipkart is also hosting the Big Saving Days sale starting August 6. Here are some of the best deals on phones.
Flipkart Quick, 90 min grocery delivery service: All you need to know
July 29, 2020 9:59 am
Flipkart has launched a new hyperlocal service, called 'Flipkart Quick'. Here's everything you need to know.
Flipkart starts hyperlocal service 'Flipkart Quick', to expand to 6 cities by year-end
July 28, 2020 6:29 pm
In the past few months, Flipkart has tied up with retail chains like Spencers and Vishal Mega Mart to enable hyperlocal deliveries of groceries and essentials in various cities.
Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in August
July 23, 2020 4:33 pm
Flipkart Wholesale is a new digital marketplace focusing on addressing the business-to-business (B2B) segment in India.
Flipkart raises $1.2 billion from Walmart
July 15, 2020 5:36 am
In 2018, US-based retail giant Walmart bought a majority stake in Flipkart for $16 billion but the latest round of funding follows a series of investment announcements made by US-based companies in Indian digital space.
Flipkart Group raises $1.2 bn from Walmart-led investor group; valued at $24.9 bn
July 14, 2020 8:11 pm
In 2018, Walmart Inc invested $16 billion for acquiring 77 per cent stake in the group. The round, which also saw participation from a group of existing shareholders, valued Flipkart at $24.9 billion post-money
Flipkart starts displaying country of origin tag, but guidelines yet to be issued
July 11, 2020 1:19 am
The Flipkart executive pointed out that the company would wait till more guidelines are issued to expand the changes to other products once it is clear what other details, if any, are to be also displayed on the marketplace.
