Flipkart - Electronic Commerce Company

Flipkart is an electronic commerce company headquartered in Bangalore, Karnataka. It was founded in 2007 by Sachin Bansal and Binny Bansal. The company is registered in Singapore. Wikipedia

Type of site: E-commerce
Founded: 2007: 10 years ago
Headquarters: Bangalore, Karnataka, India
Area served: India
Founder(s): Sachin Bansal, Binny Bansal
Key people: Sachin Bansal, Chairman; Binny Bansal, Group CEO; Kalyan Krishnamurthy, CEO
Industry: Internet
Services: Online shopping
Revenue: Increase ₹13,177 crore (US$2.0 billion) (2016)
Employees: 30,000 (2016)
Subsidiaries: Myntra, Jabong.com, PhonePe
Website: https://www.flipkart.com/
Alexa rank: 114 (December 2016)
Registration: Required
Current status: Online

Company Details
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They are not related to each other. They worked for Amazon.com, and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd. The first product they sold was the book Leaving Microsoft To Change The World to a customer from Hyderabad. Flipkart now employs more than 33,000 people. Flipkart allows payment methods such as cash on delivery, credit or debit card transactions, net banking, e-gift voucher and card swipe on delivery.

After failure of its 2014 Big Billion Sale, Flipkart recently completed the second edition of Big Billion Sale held between 13 and 17 October. Where it is reported that they saw a business turnover of $300 million in gross merchandise volume. More Details