Get Notified

Get the latest articles from us by entering the email on the form provided below

After you enter the email above, then automatically you will receive a new post from us

Flipkart Company



Company name : Flipkart
Website : www.flipkart.com
Type of business : Private
Founded : 2007
Headquarters : Bengaluru, India (However some parts are registered in Singapore)
Area served : India
Founder(s) : Sachin Bansal, Binny Bansal
Key people : Sachin Bansal (Chairman)
Kalyan Krishnamurthy (CEO)
Services : Online shopping
Subsidiaries : Myntra, Jabong.com, PhonePe, eBay.in (India), EKart, Jeeves.co.in
Commercial : Yes
Registration : Required
Current status : Online


Sachin Bansal Binny Bansal
Co-founder& Executive Chairman Co-Founder
Flipkart was founded on 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They worked for Amazon.com, and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd.

Flipkart started by selling books online and popularised the idea of buying books online in India. Flipkart now employs more than 33,000 people.

After its 2014 Big Billion Sale, Flipkart carried out a second Big Billion Sale. Where it is reported that they saw a business turnover of $300 million in gross merchandise volume.

In a report dated 25 November 2014, a leading media outlet reported that Flipkart were operating through a complex business structure which included nine firms, some registered in Singapore and some in India. In 2012, Flipkart co-founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal.

On November 2012, Flipkart became one of the companies being probed for alleged violations of FDI regulations of the Foreign Exchange Management Act, 1999.
Disqus Comments
Travel

We Giving A Platform For Compare Flights And Hotels Prices Worldwide, You Can Save Up To 70% By Compare All Websites With Us

Free Domain And Hosting Reseller Program For India

Rclipse brings you the best domain reseller program – a great way to start your own Hosting business with little savings and earn decent profits.

Affordable Seo Tools

Get SEO For Your Website In Affordable Prices

Free EBooks

Download Unlimited EBooks For Free With Rclipse.com

Copyright © 2017 Rclipse.Com Official Site