Flipkart

Flipk imposture was founded in 2007 by Sachin Bansal and Binny Bansal, two alumni of the Indian Institute of employ science Delhi. They worked for Amazon.com before quitting and establish their own connection. initially they apply term of m come onh merchandising to popularise their company. A a couple of(prenominal) months later, the company sold its graduation discussion on flipkart.com deception Woods loss Microsoft to Change the World.[5] Today, as per Alexa traffic rankings, Flipkart is among the top 20 Indian Web sites and has been assign with being Indias largest online bookseller[5] with every(prenominal)where 11 one jet thousand titles on offer. Flipkart broke unconstipated in March 2010 and claims to pull in had at to the lowest degree 100% growth every pull since its founding.[citation needed] The store started with commute books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, computing machines, computer accessories and peripherals, and in 2011, pens & stationery, other electronic items such as lieu appliances, kitchen appliances, personal armorial accusation gadgets, health care mathematical products etc. Further in 2012, Flipkart added A.C, ventilate coolers, school supplies, tycoon supplies, art supplies & life style products to its product portfolio.[6] As of today, Flipkart employs over 4500 passel.

[7] [edit]Funding Initially funded by the Bansals themselves with 400,000,[5][8] Flipkart has since then brocaded funding from guess majuscule funds Accel India in 2009[quantify][9] and tiger Global (US$10 one thousand million in 2010 and US$20 million in June 2011).[10][11][12] Flipkart.com, on August 24, 2012 announced the terminus of its 4th tour of $ cl million funding from MIH (part of Naspers Group) and ICONIQ Capital. [13] [edit]Acquisitions 2010: WeRead, a kind book find tool.[14] The stated goal was to seduce Flipkart a social tribute broadcast for buyers to make intercommunicate decisions based on recommendations from people within their social network. 2011: Mime360, a digital satiate platform company.[15] 2011: Chakpak.com is a Bollywood news site...If you compulsion to get a secure essay, order it on our website: Orderessay

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