Flipkart

Flipkart is an Indian e-commerce company based in Bangalore, Karnataka, India. It was founded by Sachin Bansal and Binny Bansal in 2007. Initially, Flipkart focused on book sales before expanding into other product categories such as consumer electronics, fashion, and lifestyle products. The company is known for its efforts to improve the online shopping experience in India.

Industry

E-commerce

Company Size

With a workforce exceeding 30,000 employees, the company boasts a vast talent pool.

Product, Services and Operations

Flipkart offers over 30 million products across more than 70 categories including books, media, consumer electronics and lifestyle. It also has its own product range under the name 'DigiFlip' with products including tablets, USBs, and laptop bags.

Funding Details

Flipkart has raised more than $6 billion in funding. Its last funding round was in July 2021, where it raised $3.6 billion at a valuation of $37.6 billion.

Acquisitions

Flipkart's notable acquisitions include Myntra, Jabong, PhonePe, and eBay India.

Awards and Achievements

Flipkart was recognized as the 'E-commerce company of the year' at the Indian eRetail Awards 2012. It also received the 'Best Mobile App of the year' at the IAMAI India Digital Awards in 2015.

Revenue

In the fiscal year 2022, Flipkart Private Limited reported a revenue amounting to over 511 billion Indian rupees.