Flipkart

basic info

http://www.flipkart.com10 Years Old
BangaloreInternet
1001-5000 EmployeesPrivate company

Flipkart impact

26Million
Registered Users
1Crore+
Daily Page Visits
20Million
No. of Products
5Million
Shipments per month
13
Warehouses
99.3Million
Visits per month (Estimated)

about Flipkart

Hello! It's nice of you to take the time to get to know us better. Here are some things about us that we thought you might like to know. Flipkart went live in 2007 with the objective of making books easily available to anyone who had internet access. Today, we're present across various categories including movies, music, games, mobiles, cameras, computers, healthcare and personal products, home appliances and electronics, stationery, perfumes, toys, apparels, shoes – and still counting!

Be it our path-breaking services like Cash on Delivery, a 30-day replacement policy, EMI options, free shipping - and of course the great prices that we offer, everything we do revolves around our obsession with providing our customers a memorable online shopping experience. Then there's our dedicated Flipkart delivery partners who work round the clock to personally make sure the packages reach on time.

So it's no surprise that we're a favourite online shopping destination.

vision

To become the amazon of India

mission

Providing a delightful customer experience

Flipkart story

Sep-2007
The start
Founded by Sachin Bansal and Binny Bansal in 2007.The company started off by selling books online.Initially, the founders had spent INR 400,000 to set up the business
Oct-2008
incorporated as Flipkart Online Services Pvt. Ltd
The business was formally incorporated as a company : Flipkart Online Services Pvt. Ltd
Oct-2009
series a funding - $1 million
Accel India invested 1 Million USD in Flipkart
Apr-2010
Introduced COD
Flipkart announced the launch of its Cash on Delivery (COD) facility,started off the service in 29 cities (tier1 cities and metros).
Jun-2010
series b funding - $10 million
Flipkart raised up to $10 million from Tiger Global.
Dec-2010
Acquision weread
weRead is a social book discovery engine that enables users to recommend and discover books, search for authors, rate and review books as well as share and network with other book lovers.
Dec-2010
The Expansion
In 2010 Flipkart branched out to selling CDs, DVDs, mobile phones
Jun-2011
series c funding - $20 million
Flipkart raised $20M from Tiger Global Management in June,2011
Oct-2011
Acquired mime360
Flipkart acquired Mime360;To launch Digital Distribution of music,e-books and games.MIME had a secure API Feeds help prevent piracy, and allows a large number of publishers to sell the licensed content globally.
Nov-2011
Electronic Wallet
In November 2011, Flipkart launched a new Electronic Wallet feature allowing shoppers to store money on the site and use it to purchase items, without having to reach for their credit card for each transaction(Up To Rs.10,000).
Nov-2011
The Expansion
By November 2011,Flipkart included cameras, computers, pens & office supplies, computer accessories, home and kitchen appliances, personal care, health care, gaming consoles, audio players and televisions.Flipkart started with books, but by the end of 2011, it was dealing in 12 product categories.
Nov-2011
IndiaMART Leaders of Tomorrow Awards
Flipkart.com- got Nominated for IndiaMART Leaders of Tomorrow Awards 2011
Nov-2011
Acquired Chakpak
In November, 2011 Flipkart acquired the digital content from Bollywood News Site Chakpak which included 40,000 filmographies, 10,000 movies and close to 50,000 ratings.
Feb-2012
CNBC Young Turks Internet Company of the Year
Flipkart was awarded Young Turk of the Year at CNBC TV 18 s India Business Leader Awards 2012
Feb-2012
Flyte Digital Music Store
Later, in February 2012, the company revealed its new Flyte Digital Music Store.
Feb-2012
Acquired Letsbuy.com
The Flipkart-Letsbuy deal size was not announced, but analysts estimated it at around Rs 125 crore (roughly $25 million). It was a combination of cash and equity deal.
Jul-2012
launched its first tablet - digiflip pro
In partnership with Intel launched three tablets under its Digiflip Pro branding. The new tablets will join Flipkart s first tablet for the country
Aug-2012
series d funding - $150 million
Flipkart announced the completion of its 4th round of $150 million funding from MIH (part of Naspers Group) and ICONIQ Capital.
Dec-2012
Entrepreneur of the Year Award- Sachin Bansal
The award seeks to recognise the ability of a business leader to enter the big league and take on the best in the world. In awarding Sachin Bansal (CEO Flipkart) the Entrepreneur of The Year award, the jury recognised his acumen by saying he has "out-innovated everyone else" in the sector.
May-2013
Move to Fashion Branding
Flipkart entered fashion and clothing e-commerce by introducing mens clothing first. Later in Feb 2013 it introduced the Women clothing and Kids clothing in May 2013. Flipkart ran a campaign called "Fashion has a new address" in May 2013 to attract the user base to its new fashion venture.
Jul-2013
Launched PayZippy
PayZippy is a secure wallet built by Flipkart where you can save your payment details and avoid the pain of typing and sharing these details on every website
Jul-2013
SERIES e FUNDING - $200 MILLION
Naspers, Accel partners, Tiger Global Management and Iconiq Capital invested $200 Million.
Oct-2013
10 million registered users
By 6th round of fundingu00a0Flipkart had over 10 million registered users and the portal had products listed overs 17 categories
Oct-2013
series f funding - $210 million
Flipkart was valued at USD 7 billion. The investment round was led by Russian investment firm DST Global owned by Russian billionaire Yuri Milner, a serial e-commerce investor who has bought stakes in companies including US-based Facebook Inc. and Twitter Inc. as well as Alibaba Group.
Jan-2014
Launched a lifestyle private label called Flippd
Flippd is an apparels and lifestyle brand that offers products in 2 categories Apparels & Footwear
May-2014
Introduced Flipkart First
Flipkart First - an annual subscription service for frequent shoppers offering customers unlimited access to In-a-Day Guarantee delivery; free standard delivery with no minimum purchase price; Same-day Guarantee delivery at a discounted price, and a bonus 60-day replacement guarantee, instead of the usual 30-day period.
May-2014
SERIES g FUNDING - $1 bILLION
Flipkart raised $1 billion from Tiger Global Management LLC, Accel Partners, and Morgan Stanley Investment Management and a new investor Singapore sovereign-wealth fund GIC.
May-2014
Acquired Myntra, biggest acquisition in the Indian e-commerce industry
Flipkart acquired online fashion retailer Myntra in an estimated Rs 2,000 crore deal. Flipkart fashion business and Myntra will keep on operating as separate entities but Founder of Myntra Mukesh Bansal joined Flipkart board
Oct-2014
Big billion day
Billion Day Sale on the 6-10-2014 was to celebrate Flipkart journey. The day 6-10 marks the number of the flat Flipkart started out from. Holding India s biggest ever sale on that day was a tribute to dreams and dreamers. It was also their way of making sure all our customers dreams come true
Nov-2014
SERIES H FUNDING- $600M
Flipkart raised $600Million from DST Global, Naspers and Tiger Global Management.

Flipkart products & services

E- selling across all categories

Flipkart sells goods across a wide range of categories like Electronics, Toys, Books, Merchandise, Shoes, etc

delivery services

The payzippy service of flipkart is an inhouse delivery system started by flipkart that delivers goods doorstep

Cash on delivery service

The cash on Delivery service was first started by Flipkart and is the most used payment option among all others

Digiflip - consumer electronics

Flipkart along with Intel has a tablet brand of its own called Digiflip. This is Flipkarts own brand which also manufactures routers

Flipkart first

Flipkart First is annual paid subscription service for shoppers who wish to get access to exclusive benefits and priority service

Citron - electronic appliances

Citron is in-house home appliances and personal healthcare brand. The label includes a wide range of cooking utilities and grooming products.

flippd - apparels

Flipkart s Flippd is a apparels and lifestyle brand that offers products in 2 categories Apparels & Footwear.

Flipkart team

COO

Binny bansal

Past: Amazon, Sarnoff CorporationEducation : Btech IIT DelhiLocation: Chandigarh
CEO

sachin bansal

Past: Amazon,TechspanEducation : Btech IIT DelhiLocation: Chandigarh
CTO

Amod malviya

Past: ApnaPaisa, Riya InternetEducation : Btech IIT KharagpurLocation: Bangalore
Sr. VP - Marketing

ravi varo

Past: HJ Heinz,ulam, HULEducation : IIM Bangalore, BITS PilaniLocation: Bangalore
CFO

Sanjay baweja

Past: Tata CommunicationsEducation : BCom University of Delhi, Fellow ICALocation: Mumbai
Chief People Officer

Mekin maheshwari

Past: lulu.com, ugenie, YahooEducation : PESITLocation: Bangalore

Flipkart office photos

Office Photos

( 22 photos )

New Bangalore office photos

( 48 photos )

Flipkart office locations

Hanamkonda Office
Flipkart, National Highway 163, Postal Colony, Nakkalagutta
Hanamkonda
Telangana 506001
1800 208 9898
Visakhapatnam Office
Flipkart, 1st Floor, Opp Siva Shankar Motors, Near Telugu Talli Flyover, Railway New Colony Road, Railway New Colony
Visakhapatnam
Andhra Pradesh 530016
1800 208 9898
Bengaluru Office
Flipkart.com, Mysore Road, Old Guddadahalli, Guddadahalli
Bengaluru
Karnataka 560026
1800 208 9898
Gurgaon Office
Flipkart.Com, Cyber City, Sector 24
Gurgaon
Haryana 122002
1800 420 1111
Bangalore Office
Flipkart, #56/18 & 55/09, 7th Floor, Ozone Manay Tech Park, Hosur Road, Garvebhavipalya
Bangalore
Karnataka 560068
1800 208 9898
Bengaluru Office
VS (Vaishnavi Summit) Office - flipkart.com, 80 Feet Main Road, Koramangala 1A Block, Koramangala
Bengaluru
Karnataka 560034

Bengaluru Office
Flipkart Online Services Pvt Ltd, 7th B Main Road, Koramangala 1A Block, Koramangala
Bengaluru
Karnataka 560034

Nagpur Office
Flipkart Office W S Retail, 104, Kamala
Nagpur
Maharashtra

Bengaluru Office
Mantri Commercio, Kariyammana Agrahara, Bellandur
Bengaluru
Karnataka 560103

Bengaluru Office
22nd Cross Road, Sector 3, HSR Layout
Bengaluru
Karnataka 560102

Flipkart amusing facts

There was a time when FlipKart used to operate out of an office which had a rent of like 8,000/- per month. It had no power backup, no AC, and almost no-windows. Customer service was always kick ass, despite all adversities.
    1. 1
      There was a time when FlipKart used to operate out of an office which had a rent of like 8,000/- per month. It had no power backup, no AC, and almost no-windows. Customer service was always kick ass, despite all adversities.
    2. 2
      Sachin Bansal and Binny Bansal are not related.
    3. 3
      Legally, Flipkart is not an Indian company since it is registered inSingapore and majority of its shareholders are foreigners. Because foreign companies are not allowed to do multi-brand e-retailing in India, Flipkart sells goods in India through a company called WS Retail
    4. 4
      Tiger Global ( Investors ) made a cold call on their customer support number to reach out to Bansal-duo to make an investment offer.
    5. 5
      "Sachin plays kickass Quake3. When a bunch of folks joined flipkart a year back he defeated almost all of us by a major margin." as told by an employee
    6. 6
      First book sold at flipkart was "John Woods Leaving Microsoft to Change the World"
    7. 7
      Sachin Bansal repeated IIT-JEE :P First time his rank was 2400 something .. next time it was AIR 47 :)
    8. 8
      Flipkart is not yet profitable !
    9. 9
      Sachin Bansal and Binny Bansal both went to St. Anne's Convent School, later joined IIT Delhi Computer science

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