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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 INR 2 Lakh from each family.
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.
iOS, Android, Windows. Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [3] Snapdeal is one of the top 10 online marketplaces in India. [4]
MUMBAI/BENGALURU (Reuters) - Walmart (WMT.N) is likely to announce its much-anticipated deal to buy a controlling stake in Indian e-commerce player Flipkart before the end of this week, two ...
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 until January 2016, when he was promoted to chief executive ...
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. [1] The company was founded in 2007-2008 to sell personalized gift items. [2][3][4][5] In May 2014, Myntra.com was acquired by Flipkart. [6][7][8][9] In May 2022, Myntra launched an express delivery service on its app to offer a one-of-a-kind experience ...
Business model. 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]
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 ...