Flipkart
Flipkart is an e-commerce marketplace offering various consumer products including books, media, consumer electronics, lifestyle, and personal and health care products. The Company provides services like Cash on Delivery and a 30-day replacement policy. It also offers In-a-Day Guarantee and Same-Day-Guarantee, as well as an annual subscription service, Flipkart First.
Flipkart was founded in 2007 and is headquartered in Koramangala, IN
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Key People/Management at Flipkart
Kalyan Krishnamurthy
CEO
Sanjay Baweja
CFO
Sachin Bansal
Co-Founder & Executive Chairman
Anurag Verma
Director HR
Binny Bansal
Group CEO and Co-Founder
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Flipkart Office Locations
Flipkart has an office in Koramangala, Kolkata, Mumbai, Hyderabad and in 2 other locations
Koramangala, IN (HQ)
Vaishnavi Summit, Ground Floor, 7th Main, 80 Feet Road, 3rd Block
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Flipkart Financials and Metrics
Summary Metrics
Founding Date | 2007 |
Total Funding | $7.3 b |
Time since last funding | 6 months ago |
Investors | Greenoaks Capital, Morgan Stanley, Qatar Investment Authority, Morgan Stanley Investment Management, Steadview Capital, Dragoneer Investment Group, Vulcan Capital, Tencent Holdings, DST Global, Naspers, Microsoft, eBay, Axis Bank, Iconiq Capital, T. Rowe Price, Accel, Baillie Gifford, Softbank, Tiger Global Management, GIC, Accel Partners, Sofina |
Flipkart's latest valuation is reported to be $10 b.
Flipkart Financials
Flipkart's revenue was reported to be $1.50 b in Y, 2015 which is a 248.8% increase from the previous period.
| USD | |
|---|---|
Revenue (Y, 2015) | 1.5 b |
Revenue growth (Y, 2014 - Y, 2015), % | 248.8% |
Net income (Y, 2015) | (378.9 m) |
Market valuation | 10 b |
- Source: Factordaily
| USD | Y, 2013 | Y, 2014 | Y, 2015 |
|---|---|---|---|
Revenue | 170.6 m | 430 m | 1.5 b |
Revenue growth, % | 152% | 249% | |
Net Income | (73.5 m) | (134.5 m) | (378.9 m) |
- Source: Factordaily
| USD | Y, 2015 |
|---|---|
Revenue/Employee | 108.4 k |
Flipkart Operating Metrics
Flipkart's Registered Users was reported to be 100 m in Y, 2016.
| Y, 2016 | |
|---|---|
Monthly Shipments | 8 m |
Registered Users | 100 m |
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Flipkart News and Updates
April 16, 2018
Why are Walmart and Amazon desperate to buy Flipkart?
The Indian e-commerce sector seems to have turned into a battleground for two American giants. Over the recent weeks, several news reports have suggested that…
April 16, 2018
BRIEF-India's Flipkart's Fashion Unit Myntra Says Acquires Bengaluru-Based Witworks
April 16 (Reuters) - Flipkart Online Services Pvt Ltd
:
April 12, 2018
Report: Walmart Close to Buying Majority Stake in Flipkart
Walmart is likely to reach a deal by the end of June in what could be the US retail giant's biggest acquisition of an online business, according to sources.
April 06, 2018
Walmart Completes Due Diligence for Buying Into Flipkart, Sources Say
The US retail giant looks to take a controlling stake of 51 percent or more in the Indian company, as it seeks to overtake rival Amazon in e-commerce battle.
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