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About the Company

Flipkart is an Indian e-commerce company, headquartered in Bangalore, that was founded in 2007 by Sachin Bansal and Binny BansalInitially focused on online book sales, it has expanded to offer a wide range of products including electronics, fashion, home essentials, and groceries. Flipkart is a subsidiary of Walmart Inc. 

Here’s a more detailed look:
    • Founders: Sachin Bansal and Binny Bansal. 
    • Headquarters: Bangalore, India. 
  • Initial Focus: Online book sales. 
  • Expansion: Diversified into consumer electronics, fashion, home essentials, groceries, and lifestyle products. 
  • Key Dates:
  • Founded in October 2007. 
  • Acquired by Walmart in 2018. 
  • Key Features:
  • Offers a wide range of products across various categories. 
  • Provides services like Cash on Delivery, No Cost EMI, and easy returns. 
  • Delivers to all serviceable PIN codes in India. 
  • Has a large seller base and contributes to job creation. 
  • Competitive Landscape: Competes with Amazon India and Snapdeal. 
  • Financials: As of March 31, 2024, Flipkart had an annual revenue of ₹70,800Cr, according to Tracxn. 
  • Subsidiary of: Walmart. 
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