Journalism of Courage
Flipkart
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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
Nationwide 21-day lockdown: Flipkart, others temporarily shut operations
March 25, 2020 1:28 pm
We take a look at all the key e-commerce companies which have had to shut down operations in wake of the 21-day nationwide lockdown.
Flipkart suspends services as India lockdown impedes online grocery deliveries
March 25, 2020 10:25 am
Flipkart has suspended services, a notice on the Indian e-commerce firm's website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic.
Flipkart-Walmart deal: NCLAT dismisses CAIT plea against fair trade regulator’s nod
March 13, 2020 1:14 am
The combination, thus, the NCLAT observed, would not result in any abuse of dominant position in market.
Competition policy should be driven by safeguarding competition, not competitors
March 06, 2020 11:07 am
Any intervention to “correct” pricing essentially involves placing a higher weightage on the assumed losses of competitors/producers than on the consumer’s apparent gains. This is not a straightforward exercise.
NCLAT asks CCI to probe against Flipkart over allegations of unfair practices
March 04, 2020 12:07 pm
A three-member bench of the NCLAT headed by Chairman Justice S J Mukhopadhaya has set aside the earlier order passed by the Competition Commission of India (CCI) in this regard.
NCLAT sets asides insolvency proceedings against Flipkart
February 27, 2020 10:17 pm
Earlier, on October 24, 2019, the Bengaluru Bench of the National Company Law Tribunal (NCLT) had admitted the insolvency plea filed by Cloudwalker Streaming Technologies, an operational creditor of Flipkart
Flipkart moves Karnataka HC against CCI investigation
February 22, 2020 6:13 am
Flipkart argued that by passing the impugned order, CCI has contradicted its own orders and precedents wherein it had dismissed similar allegations raised against the petitioner (Flipkart).
After Amazon, Walmart's Flipkart challenges India antitrust probe
February 21, 2020 1:18 pm
Flipkart's legal filing was aimed at signalling the company is aggreived by the CCI's probe order, a person familiar with the matter said.
Walmart International sales up 2.3% as Flipkart boosts e-comm numbers
February 19, 2020 4:14 am
Net sales at Walmart International increased by 2.3 per cent year-on-year (y-o-y) to $33 billion in Q4FY20, the US-based retailer said in a statement.
Flipkart Mobiles Bonanza sale: Pixel 3A, Galaxy A50, Honor 10 Lite, Realme XT and more on discount
February 18, 2020 9:40 am
Flipkart Mobiles Bonanza sale has been scheduled from Feb 17 to Feb 21, 2020, during which users can avail deals and discounts on popular smartphones.
