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Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
As per Goldman Sachs, India's e-commerce industry will reach $99 billion in size while online retail is expected to more than double to around 11% by 2024 from 4.7% in 2019 while increasing at 27% compound annual growth rate (CAGR). The online grocery segment that is below $2 billion will reach $29 billion in size by 2024.
Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [ 21][ 22]
Walmart-owned ecommerce giant Flipkart has introduced a voice assistant for grocery shopping in India. Flipkart is rolling out the feature for its Android app’s users starting today, with an iOS ...
Founder and former CEO and chairman, Flipkart. Spouse. Priya Bansal. Children. 1. Sachin Bansal (born 5 August 1981) is an Indian entrepreneur. [ 1][ 2][ 3] He is best known as the founder of Flipkart [ 4] During his over 11 year career at Flipkart, Bansal was CEO and chairman. [ 5] In 2018, Bansal exited Flipkart following the Walmart deal.
Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. [ 5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.
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