Flipkart india private limited is a private incorporated on 19 september 2011. Emvantage was an indian company that offered services similar to paypal. Snapdeal has been one of flipkart s top competitors. The organizational chart of displays its 29 main executives including kalyan krishnamurthy, sriram venkataraman and rajneesh kumar. Initially in 2008 flipkart sold books but soon it established itself wide and started selling. We are also the first ecommerce company in india to have more than 100 million registered users, clocking over 10 million daily visits. Flipkart went live in 2007 with the objective of making books easily available to anyone who had internet access. In acquired companies, 47% of executives leave within the first year, and 75% leave within the first three years. A company profile is a professional introduction of the business and aims to inform the audience about its products and services. The softbankbacked company also has reading portal weread, electronics eretailer letsbuy, and bollywood news.
Research article survey paper case study available a study on. It is also fulfilling its social responsibility by providing huge scale employments employs more than 33,000 people. Flipkarts products now available to global customers. Flipkart was founded by sachin bansal and binny bansal and the company initially started as an online book store. Jun 12, 2018 hi, flipkart and amazon has wide range of product starting from books to large appliances such tv, fridge, ac, washing machine etc. What are the products and services offered by flipkart and. The company owns and operates an online shopping website in india.
Flipkart is a company providing an ecommerce marketplace offering consumer products including books, media, consumer electronics, lifestyle, and personal and healthcare products. Snapdeal is a private company that was founded in 2007 in new delhi, delhi. Flipkart to cocreate products in partnership with domestic manufacturers the products under the flipkartowned billion brand will initially include electrical appliances, backpacks, cookware, irons, and will gradually extend to more categories. All the latest news, analysis, research reports, charts, data and webinars about across digitalcommerce360. Flipkarts technology has enabled it to deliver 8 million shipments per. In india, amazon acquired payments company emvantage payments pvt. Its website still offers millions of books, as well as other media, home furnishings, clothing, pet supplies, office products, and hundreds of other product categories with items often ordered and delivered the same day. Flipkart has made several highprofile acquisitions over the past few years including ebay india, phonepe, and online fashion retailers mynta and jabong, although talks to acquire ecommerce engine snapdeal fell through late last year. Object clause of online shopping company such as flipkart or. Flipkart was originally started as an online book store in october 2007.
Value proposition flipkart is an online shopping destination for india. Marketing strategy of flipkart flipkart strategic analysis. Research article survey paper case study available a study. Flipkart online services private limited financial reports. The other thirdparty traders or companies can also sell goods through the platform of flipkart. Categories include books, music, movies, mobile phones and electronics. Softbank vision fund invests in flipkart to become one of. Now that amazon is reportedly entering india in early 2012, this news becomes even more significant, considering that amazon has previously, and unsuccessfully, tried acquiring the company, with flipkart. The company operates in the nonstore retailers industry. Later, as the companys popularity grew, it also started selling other items such as music, movies and mobile. Aug 27, 2017 parent company amazon has acquired scores of companies across the globe, but in india, it has a different strategy for growth. In acquired companies, 47% of executives leave within the first year, and 75% leave within the.
They have acquired companies like myntra, jabong, appiterate, letsbuy, mine360, weread and the latest one being upibased payments startup phonepe. It was founded by sachin bansal and binny bansal in 2007. Snapdeal has been one of flipkarts top competitors. Myntra is an indian fashion ecommerce company headquartered in bengaluru, karnataka, india. Binny bansal both are alumni of indian institute of technology delhi and worked for before quitting and founding their own company. The flipkart global programme aims to push made in india products, especially to cater to nonresident indians, said anil goteti, who recently took over ebay indias business.
Flipkart india private limited company, directors and. Founded in october 2007, flipkart is one of indias leading ecommerce marketplaces, with headquarters in bengaluru. The following infographic, put together from public sources and flipkart ltds company profile lodged at the accounting and corporate regulatory authority acra, singapore may not yet be a complete representation of the flipkart enterprise. Each week, nearly 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and. It is classified as nongovt company and is registered at registrar of companies, bangalore.
Flipkart sells goods in india through a company called ws retail. Flipkart has made several high profile acquisitions over the past few years including ebay india, phonepe, and online fashion retailers mynta and jabong, although talks to acquire ecommerce engine snapdeal fell through late last year. Flipkart private limited, dba flipkart is an indian ecommerce company based in bengaluru, india. Parent company amazon has acquired scores of companies across the globe, but in india, it has a different strategy for growth. Established by mukesh bansal along with ashutosh lawania and vineet saxena. Founded in 2007 by sachin bansal and binny bansal as flipkart online services pvt. The company provides services like cash on delivery and 30day replacement policy. Here are some things about us that we thought you might like to know. Mobile phones and related accessories are the highest selling items on etailing websites like flipkart, snapdeal etc. All content is posted anonymously by employees working at flipkart. Flipkart is having another crack at differentiating its products from rivals offerings.
They deliver it at your door steps with payment options such as prepaid and cod. The company offers online usecases like mobile recharges, utility bill payments, travel, movies and events bookings, as well as instore payments at grocery stores, restaurants, parking. Flipkart story history, founder, founded, ceo ecommerce. Compared to flipkart, snapdeal has 34,700 fewer employees. To avail input credit benefit in amazon, one can get create a business account in amazon. May 12, 2020 flipkart india private limited, also popularly known as flipkart, is an unlisted private company. Even then just 23% of all acquisitions earn their cost of capital. Flipkart flipkart company doc profile founded in 2007 by. So far, 32 categories have been launched under flipkarts private label. It was incorporated on 14 october, 2008 and is located in bangalore, karnataka. The company was founded in 2007 to sell personalized gift items.
By continuing your navigation, you consent to their use. Flipkart addressed this issue by launching their own supply chain management system to deliver orders in a timely fashion. Flipkart placement papers flipkart interview questions and. Jul 29, 2017 founded in october 2007, flipkart is one of indias leading ecommerce marketplaces, with headquarters in bengaluru. Flipkart to cocreate products in partnership with domestic. O ver the last 10 years, flipkart has been fulfilling the wishes of indians by making high quality products affordable to them. Find out how flipkart ensures quality of its private label. There are several competitors of flipkart and one of the topmost one is amazon which is known worldwide as the largest ecommerce portal. The company has two directors santosh kumar bethala and prabhu bala srinivasan. It is registered in singapore and it operates in india, where it is headquartered in bangalore,karnataka. Hi, flipkart and amazon has wide range of product starting from books to large appliances such tv, fridge, ac, washing machine etc.
Company profile of amazon the worlds largest online retailer. But gives us a fair picture of where it is heading. What started small, with a single discount store and the simple idea of selling more for less, has grown over the last 50 years into the largest retailer in the world. Today as it stands, sachin bansal is the chairman of the company and binny bansal is the ceo of flipkart. It also offers an inaday guarantee and samedayguarantee, as well as an annual. As per flipkart and amazon customer policy, they are just involved in b2c sales and so gstin of any customer cannot be disclosed while purchasing from them. Flipkart india private limited, also popularly known as flipkart, is an unlisted private company. Softbank vision fund invests in flipkart to become one of the largest shareholders of the company. The company on monday announced billion, a new selfbrand under which it will be selling a range of.
May 10, 2018 10 key things to know about flipkart walmart mega deal while walmart is sure to bring its cutprice game to india, amazons counter push may ensure that merchandise prices in india head even lower. Flipkart is one of the top 3 ecommerce companies of india. Flipkart story flipkart, was established by sachin bansal and. Flipkart company profile office locations, competitors. Flipkart houses everything you can possibly imagine, from trending electronics like laptops, tablets, smartphones, and mobile accessories to invogue fashion staples like shoes, clothing and lifestyle accessories. Flipkart, the first billion dollar internet company from indiagoing by 2015 estimates is by far the leading online store in the nation. Flipkart announces billionbrand to sell madeinindia. Usually, a company profile includes several items, such as a firms. Company flipkart news, employees and funding information. Dec 17, 2017 here are the top flipkart competitors.
Delivering goods on time is one of the most important factor that determines the success of an ecommerce company. As an ecommerce pioneer in india, flipkart has acquired unique, nuanced insights into the mindset and shopping behavior of indians their needs and preferences, their likes and dislikes, and their perception of price and value. Can a flipkart customer add his gst number to the invoice. It was incorporated on 19 september, 2011 and is located in bangalore, karnataka. With 21 stateoftheart warehouses and 100 thousand sellers. Flipkarts technology has enabled it to deliver 8 million shipments per month and this number is only growing. About us its nice of you to take the time to get to know us better. May 29, 2019 flipkart is one of the top 3 ecommerce companies of india.
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