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Last Updated: 08 October 2021

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General | Latest Info


TypePrivate , subsidiary
Founded2007 ; 14 years ago ( 2007 )
FounderSachin Bansal Binny Bansal
HeadquartersBangalore, Karnataka , India (operational headquarters) 125600N 774140E / 12.93333N 77.69444E / 12.93333; 77.69444 Coordinates : 125600N 774140E / 12.93333N 77.69444E / 12.93333; 77.69444 Singapore (legal domicile)
Area servedIndia
Key peopleKalyan Krishnamurthy ( CEO )
ServicesOnline shopping
Revenue43,615 crore (US$6.1 billion) (FY 2019)
OwnerWalmart (82.1%) , Tencent (5.1%), Tiger Global Management (4.87%), Binny Bansal (3.25%), Microsoft (1.46%), Qatar Investment Authority (1.43%), Accel (1.32%), Other (0.47%)
Number of employees30,000 (2016)
SubsidiariesMyntra, PhonePe, Ekart, Jeeves, Cleartrip
Websitewww .flipkart .com

Flipkart stated on Monday it has raised $3. 6 billion at a post-money appraisal of $37. 6 billion in what is widely believed to be the pre-IPO round for the Indian ecommerce conglomerate as it works to list in the general public markets as soon as early next year.

'Ban on flash sales, rigid conformity': India prepares tighter shopping regulations amidst grievances over Amazon, Flipkart As per the new draft regulations, no shopping entity shall allow any display or promo of misleading advertisements, whether in the course of business on its platform or otherwise. Simply for instance, the daal we market is unpolished-which is really the very best form of daal to be eaten in regards to the general nutrition levels-and consequently, we do assume that we can command a little bit of costs for that. At the nationwide degree, we have Flipkart and Amazon are there, and we might have a number of more large players-Reliance and Tata can end up being big. Download it totally free and appreciate going shopping anywhere, anytime. With a big selection of original products from fashion, electronics, home devices and more-you obtain timely alerts on great offers and updates on every little thing you need. _ Our 100% Safe & Secure' Promise Your purchases are entirely safe and your details stay definitely personal at all times. We never utilize your device to gain or publish social updates access to individual information. Delighted Shopping! -Flipkart Talk to us at app-feedback@flipkart. Com. Return to us with what makes this App great for you or what can be done much better. For general inquiries, email us at cs@flipkart. Com At Flipkart, we are dedicated to changing the customer net community in India and supplying customers with gain access to and value. This financial investment by leading international capitalists mirrors the guarantee of digital business in India and their idea in Flipkart's abilities to increase this potential for all stakeholders, stated Kalyan Krishnamurthy, Chief Executive Officer at Flipkart Group, in a statement.

As part of the new fundraise, Flipkart is additionally giving its staff members the choice to market their supply alternatives worth $80. 5 million, Krishnamurthy informed them on Monday. The American ecommerce group has spent over $6. 5 billion in the South Asian market.

Venturing into the social business space, Flipkart just recently introduced the launch of Shopsy, which will encourage neighborhood entrepreneurship, the company said.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

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* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Flipkart (latest news)

Apple has started its joyful offer in India, where it is using free AirPods and a free Apple Music registration to an iPhone 12 purchaser. INR 500 worth of Flipkart coupons on your first deal with your Flipkart Axis Bank credit history card.

Phy Life is offering solutions in the area of vegan and cruelty-free premium body care products for men. Users obtain a certain percentage of the spent made with the charge card as a reward.

GUD is Flipkart's neighborhood attribute that brings popular offline merchants and shopping center online for its clients in India 2. Some of the lounges consist of, Delhi Plaza Premium Domestic T1D, T2, T3, Delhi Plaza Premium International, Karnataka Bangalore TFS Domestic and International, Maharashtra Mumbai MALS Domestic and Maharashtra Pune Bird Domestic.

How to Apply: You can apply for this credit rating card online or by seeing the branch of the bank.

After I learnt more about of these upcoming on the internet offers on smartphones, I felt I can have got a far better bargain if I bought my phone during the festival sales, he claimed, adding that now he will be looking for deals on laptop computers and cameras.

India's total online GMV is expected to get to $49 billion to $52 billion in 2021, up from $38. 2 billion last year and 27. 1 billion in 2019, RedSeer claimed in a report on event season sales.

Although in-person purchasing has additionally recuperated as COVID's 2nd wave has diminished in India, the Confederation of All India Traders, which stands for over 70 million sellers across the country, remains up in arms. The heavy concentration of buying during the purchasing celebration may also boost rubbing between online and offline stores.

Flipkart began selling the apple iphone 12 at the beginning of the Flipkart Big Billion Days for Rs 49999, while the iPhone 12 mini began at Rs 38999. Apple, on the other hand, is selling the first combination of apple iphone 12 mini and first-generation AirPods at Rs 59900 and the 2nd combination of iPhone 12 and first-generation AirPods at Rs 65900. Flipkart is still most likely to provide you a much better offer if you go for either the second-generation AirPods or the AirPods Pro.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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