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In 2017, Flipkart sold 1.3 million phones in 20 hours on 21 September during its Big Billion Days promotion, doubling the number sold on the first day of the same event in 2016. [ 39 ]
Binny Bansal (born 1982/1983) is an Indian billionaire [2][3] Internet entrepreneur. [3] As of February 2024, his net worth was estimated at US$1.4 billion. [1] In 2007 he co-founded the e-commerce platform Flipkart. [4][5] He was the chief operating officer until January 2016, when he was promoted to chief executive officer (CEO). [6] In January 2017 he was promoted to group CEO, then ...
Examples of venture capital firms having invested in e-commerce companies in India are as follows: Flipkart.com raised about US$2.3 billion. [41] On 10 July 2013, Flipkart announced it had received $200 million from existing investors Tiger Global, Naspers, Accel Partners, and ICONIQ Capital, and an additional $160 million from Dragoneer Investment Group, Morgan Stanley Wealth Management ...
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. [6] In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. [7] In 2018, Bansal ...
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source with direct knowledge of the matter told ...
A day later, on 20 January 2017, NPCI renounced the previous instructions citing the reason that PhonePe indeed violated the UPI norms. [32][33][34] After this, PhonePe closed its operations on Flipkart's website, [35] to align itself with the terms stated in the updated verdict from NPCI.
^ a b "Cleartrip collaborates with Flipkart Big Billion Days to offer refund on flight cancellation at Re 1 and other discounts". The Financial Express. 4 October 2021.
^ Varshney, Rashi (October 9, 2015). "Flipkart's Big Billion Days sale from Oct 13-17, prepares sellers". Express Computer. Retrieved November 26, 2022. ^ "Flipkart unveils global brand licensing for Indian sellers". India.com. December 28, 2015. Retrieved November 26, 2022. ^ "Flipkart unveils global brand licensing for Indian sellers ...