Who is the owner of Flipkart | wiki

Flipkart India Pvt. Ltd., an e-commerce service company from India. Know more about the owner of Flipkart and more Company information. Flipkart India Pvt. Ltd., provides online retail services throughout India. A subsidiary of the World’s largest online shopping retailer.

• 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 is 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.
Official Website	www.flipkart.com
Founder / Owner	Sachin Bansal and Binny Bansal
Founded	2007
CEO	Kalyan Krishnamurthy
Status	Active
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	Official Page 1800-208-9898 (toll-free) 18004201111 18001023547 [email protected] [email protected] [email protected]

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• 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 in 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 a 20.8% stake in Flipkart has accepted only to share 20% with Walmart.

If the alliance becomes successful, Flipkart and Walmart together will open a chai of offline stores in India and China.

Founders of Flipkart India, Sachin Bansal, and Binny Bansal left their job at Amazon to start their own companies. They both graduated from IIT Delhi with a 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 graduation, he worked at Techspan company for a few months. Later, joined Amazon. In fact, he gained the Entrepreneur of the year award in 2013.

Binny Bansal was promoted to 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 in revenue.

• Details of the Company

The Flipkart company is 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 itself. Owing to the development, at present, they sell more than 80,000 products of different categories.

Mainly categorized into,

• Electronics
• Appliances
• Men
• Women
• 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 are carried out daily. Its application, downloaded 50 million times.  More than 30000 employees work under Flipkart. Flipkart managed to generate a good revenue of 5.8 US$ IN 2019.

Notable facts:

• 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 was 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 in 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 gpay. Currently, Amazon India is being one of the biggest competitors for Flipkart.

• In addition, Flipkart started manufacturing its 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 complaints so you can contact them on phone numbers, or you can send mail also. Flipkart is an Indian Online Shopping website, So you have to log in to your account first then you can track your order and call to helpline number of Flipkart.

• Official Page
• 1800-208-9898 (toll-free)
• 18004201111
• 18001023547
• [email protected]
• [email protected]
• [email protected]

• Flipkart India online offers

If you want any best offer on Flipkart or any type of discount, 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 at the festival time, you can enjoy the offers on weekends also.

Finally, Some most common and popular products for offers of the Flipkart website.

• Deals of the day
• Fashion & Lifestyle
• Mobiles & Tablets
• Electronics
• TVs and Appliances
• Home & Furniture
• Cars & Bikes
• Books and Stationery