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Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12] [13] [14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Feb 2, 2022 · I think it is important to explain what is Flipkart ahead of making you understand how Flipkart works. What is Flipkart? Flipkart is one of the first companies that gave life and revolutionized the eCommerce industry in India. Sachin and Binny Bansal led Flipkart has become India’s largest e-retailer for consumer goods.
Jan 2, 2019 · About Flipkart. Today, Flipkart is India’s largest online eCommerce website. Flipkart was started in 2007 and recently it achieved a fashion online retailer and e-commerce store, that is Myntra for $300 Million. In 2020, Flipkart is reporting revenue of Rs 34,610 crore which got raised from Rs 30,931 crore in 2019.
- Rida Fatima
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Mar 22, 2023 · Flipkart works as a marketplace that connects all interested sellers to their potential customers and assists them in making the sale. Flipkart follows a clear Business-to-Consumer model or more commonly known as a B2C model.
- Flipkart operates as an online marketplace that connects buyers and sellers across India. The company generates revenue through commission-based fe...
- Flipkart generates revenue by charging a commission on the sale price of the products sold on its platform, as well as fees for logistics and fulfi...
- Flipkart was one of the first e-commerce platforms in India and has played a significant role in transforming the retail industry. The company's fo...
- Flipkart operates on the B2C model (Business-to-Consumer).
- Flipkart Plus is a loyalty program that offers various benefits to its customers, such as free delivery, early access to sales, and more. The compa...
- Flipkart has a dedicated customer service team that handles customer complaints and queries. The company also has a flexible returns and refund pol...
- Flipkart has had a significant impact on the Indian economy, particularly in the e-commerce sector. The company has created numerous job opportunit...
- Flipkart faces strong competition from other e-commerce platforms in India. Some of the top competitors of Flipkart are Amazon India, Snapdeal, Pay...
- Some of the key future plans of Flipkart includes: Expanding into new product categories Investing in technology and AI Focusing on rural markets I...
Nov 19, 2023 · Discover the full story of Flipkart, India's leading e-commerce platform. Explore Flipkart's subsidiaries, business model, funding, ESOPs, founders, and more.
For a country like India that thrives on its diversity, Flipkart has emerged as a technology-led organisation that has used innovation to its advantage, to expand its reach to customers and...
May 8, 2020 · Conclusion. Flipkart’s marketing strategy is a very solid and robust one - of course it also doesn't hurt that brands like Flipkart have deep pockets and can make their marketing efforts come to life. The best thing about Flipkart is that they’re great with transmitting coherent messages across platforms.
