Flipkart

Flipkart

Flipkart is India's largest e-commerce company, founded in 2007 by Sachin and Binny Bansal. Headquartered in Bengaluru, it began as an online bookstore and has since expanded to offer a wide range of products, including electronics, fashion, home essentials, and groceries. In 2018, Walmart acquired a 77% stake in Flipkart for $16 billion, valuing the company at $35 billion as of 2025

Our Client Say

“Flipkart E-Commerce Platform”

JioMart is an Indian e-commerce platform launched in 2019 by Reliance Retail, a subsidiary of Reliance Industries. Initially focusing on online groceries, it has since expanded into categories such as fashion, home essentials, electronics, and lifestyle products by adopting a marketplace model.

• Overview: Flipkart, founded in 2007 by Sachin and Binny Bansal, is one of India’s largest e-commerce platforms, headquartered in Bengaluru, offering electronics, fashion, home essentials, groceries, and more.
• Subsidiaries & Services: Includes Myntra (fashion), Flipkart Wholesale (B2B), and Shopsy (social commerce), expanding product reach and customer engagement.
• Strategic Initiatives: Focuses on quick-commerce through Flipkart Minutes, sustainability via Flipkart Green, and broadening its delivery network to increase convenience.
• Financial & Market Position: Supported by Walmart’s majority stake, Flipkart has reduced losses in FY24-25, maintained Myntra’s profitability, and is preparing for a potential IPO.
• Customer Experience: Offers a seamless shopping experience via app and website, with reliable delivery, extensive product variety, and promotional offers.
• Technology & Innovation: Flipkart leverages advanced technology like AI-driven recommendations, personalized shopping, and robust logistics software to enhance customer experience and optimize operations.

Flipkart Results

Flipkart has demonstrated consistent revenue growth and significant reductions in losses over the past three fiscal years. The company's strategic focus on cost optimization, expansion into quick-commerce, and restructuring efforts position it well for future profitability and a potential public listing.