We all know the name Flipkart. It is the second-largest e-commerce company in India after Amazon. People still know the name of the owner of Amazon, but who is the owner of Flipkart?
People’s opinions are different from each other as to which country these companies are from and most people don’t know or have confusion who founded Flipkart or who owns it.
At the same time, most of the people don’t know which country is Flipkart from or where it was founded. If you also have any doubts about Flipkart then you should read this article. In this post, we will give you complete information about the Flipkart company and its owners.
We will provide all the basic information about Flipkart in this article. We will answer all the questions. And, to make it easy to understand, we have divided this article into some basic questions.
Let’s start and see the answers to all these basic questions about the Flipkart.
Nowadays, everyone makes purchases online, whether it be clothes or any electronic gadget. Today we can get any product(s) delivered at our door with just one click.
And all this has been possible, only thanks to the online shopping websites, like Flipkart. There are a number of online shopping websites where people can easily order whatever they want.
What is Flipkart?
Flipkart is one of the largest e-commerce company in India offering the best online retail service to its customers.
After the arrival of Flipkart, the online shopping phase started in India. Flipkart made it very easy to shop online for people.
But today, with just one click, any item can be bought online and delivered to your doorstep. In the early days of Flipkart, only books were sold on it, but over time other things started to be sold on this website.
Besides selling books, Flipkart also used to sell items such as computers, computer bags, headphones, pen drives under the name Digiflip.
Flipkart increased its number of subscribers in one year, ordering 100 books per day on Flipkart in one year.
Today on Flipkart, books, clothes, electronic products are also sold together to every household. In addition, Flipkart also has online movie reservations and online ticket reservations.
Flipkart has Credit Cards, Credit Cards Debit, Netbanking and Cash on Delivery options available.
Who founded Flipkart and When?
The Flipkart Company was founded by Sachin Bansal and Binny Bansal in October 2007. The two friends together started Flipkart in Delhi, a city of India. They both started this company with only Rs 10,000. Today, it is generating more than 5 Billion in revenue.
Who is the owner of the Flipkart company?
Flipkart was founded by Sachin Bansal and Binny Bansal. Together these two friends laid the foundation for such a great online e-commerce website. They are running this company to this day.
Both Sachin Bansal and Binny Bansal were IIT students. Both completed their studies and started working at the Amazon company from where they learned to work on an e-commerce website as large as Amazon.
After getting complete information about the e-commerce company, both of them thought of starting their own e-commerce website because at that time there was no website in India that would serve people to shop online.
In August 2018, the American retailer Walmart bought 77% of the shares of Flipkart for $ 16 billion.
Following the purchase of the Flipkart by Walmart, Sachin Bansal left the company. And, In November 2018, Binny Bansal also resigned from the company.
How did Flipkart start?
Flipkart, a huge online megastore, was founded in 2007 by Sachin Bansal and Bini Bansal under the name Flipkart Online Service Store Private Limited. The company headquartered in Bangalore, Karnataka and registered in Singapore.
Flipkart initially focussed on Online Book Sales. Slowly, they expanded their operations into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products, etc.
Based on 2017 data, Flipkart owns 39.5% of India’s e-commerce industry.
Who is the CEO of Flipkart?
When Flipkart was launched, the CEO of Flipkart was Sachin Bansal and he remained the CEO of Flipkart for a long time. Later, Binny Bansal became the second CEO of Flipkart.
Kalyan Krishnamurthy is the current CEO of Flipkart.
Where is the Flipkart company?
The people who are the founder of Flipkart are from the country of India. They started Flipkart from the city capital city of Delhi, India. Flipkart is an Indian company.
Where is the Flipkart headquarters?
As already mentioned above, Flipkart is headquartered in Bangalore, in the state of Karnataka. To further expand its business, Flipkart also opened its offices in cities such as Delhi and Mumbai in 2009. Another head office was opened in Singapore.
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