Who is the owner of Flipkart | wiki
About the owner of Flipkart India
Flipkart India Pvt. Ltd., incorporated in October 2007, as a private limited company. Formerly known as Flipkart Online Services Pvt. Ltd. The company, founded by Sachin Bansal and Binny Bansal. Initially started as a bookstore for Indian customers. The company headquartered in Bengaluru.
The company started with $6,200. The cost was only to develop the website.
About The Flipkart India Wiki
|Company Name||Flipkart India Pvt. Ltd.|
|Founder / Owner||Sachin Bansal and Binny Bansal|
|Head Office||Bangalore, India|
|Address||Flipkart Internet Private Limited, Vaishnavi Summit, Ground Floor, 7th Main, 80 Feet Road, 3rd Block, Koramangala, Bengaluru – 560034 India|
|Flipkart India Customer Care|
Details of the owner of Flipkart India(Wiki)
Flipkart, a billion dollar company and its estimate in 2016 was Rs 15,129 crore (US$2.3 billion) valuable. Flipkart received $4.5 billion funding from various sources. Including, Naspers, Steadview Capital, Tiger Global Management, ICONIQ Capital, Microsoft, DST Global, Accel Partners, Morgan Stanley, Dragoneer Investment Group, Baillie Gifford, GIC, Greenoaks Capital, Qatar Investment Authority, and Sofina.
Lately, to compete the Amazon, US big giant Walmart has approached Flipkart in purchasing not more than 30% of its share. But SoftBank, already owning 20.8% stake in Flipkart has accepted only to share 20% with Walmart.
If the alliance becomes successful, Flipkart and Walmart together will open chai of offline stores in India and China.
Founders of Flipkart India, Sachin Bansal, and Binny Bansal left their job from Amazon to start their own company. They both graduated from IIT Delhi with Computer Science degree. Moreover, both are from Chandigarh. It was a huge risky leap for them, as eCommerce was a research topic in India during that period of time. Eventually, becoming one of the loudest successful entrepreneurs in India. Recently, Flipkart acquired Snapdeal for $950 million.
Sachin Bansal, the Executive Chairman of Flipkart. He secured all India rank 49 in IIT JEE. Bansal always aimed to be a professional gamer. Moreover, after the graduation, he worked at Techspan company for few months. Later, joined Amazon. In fact, he gained the Entrepreneur of the year award in 2013.
Binny Bansal, promoted to the Chief Executive Officer (CEO). Before working at Amazon, he was rejected by Google twice. In 2015, Forbes named both Sachin and Binny together, the 86th richest person in India with $1.3 million revenue.
Details of the Company
The Flipkart company, registered in Singapore. Initially, a bookstore and later with the growth, the company started selling movies, music, mobiles and other products. As the e-commerce field got popularized and widely used in India, Flipkart also developed themselves. Owing to the development, at present, they sell more than 80,000 products of the different category.
Mainly categorized into,
- Baby & Kids
- Home & Furniture
- Books & More
Flipkart India currently has 100 million registered users and 100 thousand authorized sellers all over India. By all means, the company invested in 21 states for its art in-house warehouse for timely and better delivery of each product to its customers. To emphasize, about 10 million page hits are attracted daily on Flipkart Website and 8 million shipments carried out daily. Its application, downloaded 50 million times. More than 30000 employees work under Flipkart.
- Started by a team of 2
- today, 8 Million shipments per month
- 100 million registered users
- 100 thousand sellers
- 10 million daily page views
- 21 state-of-the-art warehouses
- First Indian app to cross 50 million users
During the Initial stages, Flipkart faced many problems like that of Online Payments. As Indians were not sure about its securing during 2007. Eventually, Flipkart overwhelmed by launching Cash On Delivery scheme. In fact, flipkart was the first to bring Cash on delivery option in India. Eventually, grasping Customers confidence and Integrity of their company. Then again, the supply chain system of Flipkart ensured timely delivery of products.
Above all, to boost the service and productivity, Flipkart had to acquire many other companies. Especially, Myntra, eBay India, Letsbuy.com, WeRead, PhonePe, chakpak.com, Jabong, Mime360, Appiterate, FX Mart, and ngpay. Currently, Amazon India is being one of the biggest competitors for Flipkart.
- In addition, Flipkart started manufacturing own products under the brand name DigiFlip. To enumerate, tablets, Usbs, and Bags.
- As a matter of fact, in 2013, the company made a record selling of 1 Lakh books in a single day.
- Finally, awarded to Young Turk of the Year at CNBC TV 18’s ‘India Business Leader Awards 2012.
Flipkart India Limited customer care
Here is the full list of contacts of Flipkart, if you have any complain so you can contact on phone numbers, or you can send mail also. Flipkart is Indian Online Shopping website, So you have to log in your account first then you can track your order and you call to helpline number of Flipkart.
Flipkart India online offers
If you want any best offer on Flipkart or any type of discount, so you can visit the official page of Flipkart, they are offering many deals every day. and the biggest sale will go on Diwali, Holi, Dashara, and Christmas. They are providing offers on the festival time, you can enjoy the offers on weekends also.
Finally, Some most common and popular product for offers of Flipkart website.
- Deals of the day
- Fashion & Lifestyle
- Mobiles & Tablets
- TVs and Appliances
- Home & Furniture
- Cars & Bikes
- Books and Stationery