India Flipkart, established in 2007 by Sachin Bansal and Binny Bansal, is a prominent Indian e-commerce company headquartered in Bengaluru, Karnataka. Initially focusing on online book sales, Flipkart has diversified its offerings to include consumer electronics, fashion, home essentials, groceries, and lifestyle products.
Key Milestones:
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2007: Flipkart was founded by Sachin and Binny Bansal, both alumni of the Indian Institute of Technology Delhi and former Amazon employees.
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2008: The company expanded its product range beyond books, introducing categories like electronics and fashion.
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2010: Flipkart launched its own private label, DigiFlip, offering products such as tablets and USB drives.
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2017: The company acquired eBay India's operations, strengthening its position in the market.
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2018: Walmart acquired a 77% majority stake in Flipkart for $16 billion, valuing the company at approximately $20.8 billion.
Group Companies:
The Flipkart Group encompasses several entities, including Flipkart, Myntra (a fashion e-commerce platform), Flipkart Wholesale, and Flipkart Health+, among others.
Headquarters:
Flipkart's headquarters are located in Bengaluru, Karnataka, India.
For more information, you can visit Flipkart's official website: www.flipkart.com.
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