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2007–2010: Start-up phase. [edit] Flipkart was founded in October 2007 in Bangalore [ 11 ] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12 ][ 13 ][ 14 ] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was ...
Known for. Co-founder, former chairman and CEO, Flipkart [2] Spouse. Trisha Bansal. 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 ...
SoFi offers up to a $300 bonus for any new customer opening a Better Online Bank Account who can put at least $5,000 of direct deposits into the account within 25 days. SoFi also offers a generous ...
Get today's best rates on high-yield and traditional savings accounts to quickly grow your everyday nest egg. Savings interest rates today: Supercharge your savings with a simple switch and earn ...
PhonePe. PhonePe is an Indian digital payments and financial services company [5] headquartered in Bengaluru, Karnataka, India. [6][7] PhonePe was founded in December 2015, [2] by Sameer Nigam, Rahul Chari and Burzin Engineer. [8] The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.
India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
Following the unsuccessful plan to merge with Flipkart, Snapdeal pursued a new strategy it called Snapdeal 2.0. The initiative saw the sale of non-core businesses, Freecharge and Vulcan Express, to dedicate more resources to Snapdeal's e-commerce marketplace, which is its core business. [13] [14] The strategy yielded strong results.
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