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Flipkart - Wikipedia
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data-event-name="pinnable-header.vector-toc.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-toc.unpin">hide</button> </div> <ul class="vector-toc-contents" id="mw-panel-toc-list"> <li id="toc-mw-content-text" class="vector-toc-list-item vector-toc-level-1"> <a href="#" class="vector-toc-link"> <div class="vector-toc-text">(Top)</div> </a> </li> <li id="toc-History" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#History"> <div class="vector-toc-text"> <span class="vector-toc-numb">1</span> <span>History</span> </div> </a> <button aria-controls="toc-History-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle History subsection</span> </button> <ul id="toc-History-sublist" class="vector-toc-list"> <li id="toc-2007–2010:_Start-up_phase" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2007–2010:_Start-up_phase"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>2007–2010: Start-up phase</span> </div> </a> <ul id="toc-2007–2010:_Start-up_phase-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2011–2014:_Growth,_mergers_and_acquisitions" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2011–2014:_Growth,_mergers_and_acquisitions"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>2011–2014: Growth, mergers and acquisitions</span> </div> </a> <ul id="toc-2011–2014:_Growth,_mergers_and_acquisitions-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2015–2018" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2015–2018"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.3</span> <span>2015–2018</span> </div> </a> <ul id="toc-2015–2018-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2019–2022" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2019–2022"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.4</span> <span>2019–2022</span> </div> </a> <ul id="toc-2019–2022-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2023–present" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2023–present"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.5</span> <span>2023–present</span> </div> </a> <ul id="toc-2023–present-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Walmart_investment" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Walmart_investment"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Walmart investment</span> </div> </a> <ul id="toc-Walmart_investment-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Business_structure" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Business_structure"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Business structure</span> </div> </a> <ul id="toc-Business_structure-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Funding_and_Revenue" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Funding_and_Revenue"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Funding and Revenue</span> </div> </a> <ul id="toc-Funding_and_Revenue-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Regulatory_action_and_lawsuits" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Regulatory_action_and_lawsuits"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Regulatory action and lawsuits</span> </div> </a> <ul id="toc-Regulatory_action_and_lawsuits-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Consumer_affairs" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Consumer_affairs"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>Consumer affairs</span> </div> </a> <ul id="toc-Consumer_affairs-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Flipkart_Video" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Flipkart_Video"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>Flipkart Video</span> </div> </a> <button aria-controls="toc-Flipkart_Video-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Flipkart Video subsection</span> </button> <ul id="toc-Flipkart_Video-sublist" class="vector-toc-list"> <li id="toc-Flipkart_Video_Originals" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Flipkart_Video_Originals"> <div class="vector-toc-text"> <span class="vector-toc-numb">7.1</span> <span>Flipkart Video Originals</span> </div> </a> <ul id="toc-Flipkart_Video_Originals-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Criticism" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Criticism"> <div class="vector-toc-text"> <span class="vector-toc-numb">8</span> <span>Criticism</span> </div> </a> <ul id="toc-Criticism-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Awards_and_recognition" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Awards_and_recognition"> <div class="vector-toc-text"> <span class="vector-toc-numb">9</span> <span>Awards and recognition</span> </div> </a> <ul id="toc-Awards_and_recognition-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">10</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">11</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">12</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" title="Table of Contents" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Flipkart</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 32 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-32" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">32 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D9%81%D9%84%D9%8A%D8%A8%D9%83%D8%A7%D8%B1%D8%AA" title="فليبكارت – Arabic" lang="ar" hreflang="ar" data-title="فليبكارت" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-as mw-list-item"><a href="https://as.wikipedia.org/wiki/%E0%A6%AB%E0%A7%8D%E0%A6%B2%E0%A6%BF%E0%A6%AA%E0%A6%95%E0%A6%BE%E0%A7%B0%E0%A7%8D%E0%A6%9F" title="ফ্লিপকাৰ্ট – Assamese" lang="as" hreflang="as" data-title="ফ্লিপকাৰ্ট" data-language-autonym="অসমীয়া" data-language-local-name="Assamese" class="interlanguage-link-target"><span>অসমীয়া</span></a></li><li class="interlanguage-link interwiki-bn mw-list-item"><a href="https://bn.wikipedia.org/wiki/%E0%A6%AB%E0%A7%8D%E0%A6%B2%E0%A6%BF%E0%A6%AA%E0%A6%95%E0%A6%BE%E0%A6%B0%E0%A7%8D%E0%A6%9F" title="ফ্লিপকার্ট – Bangla" lang="bn" hreflang="bn" data-title="ফ্লিপকার্ট" data-language-autonym="বাংলা" data-language-local-name="Bangla" class="interlanguage-link-target"><span>বাংলা</span></a></li><li class="interlanguage-link interwiki-bh mw-list-item"><a href="https://bh.wikipedia.org/wiki/%E0%A4%AB%E0%A5%8D%E0%A4%B2%E0%A4%BF%E0%A4%AA%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%9F" title="फ्लिपकार्ट – Bhojpuri" lang="bh" hreflang="bh" data-title="फ्लिपकार्ट" data-language-autonym="भोजपुरी" data-language-local-name="Bhojpuri" class="interlanguage-link-target"><span>भोजपुरी</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/Flipkart" title="Flipkart – German" lang="de" hreflang="de" data-title="Flipkart" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D9%81%D9%84%DB%8C%D9%BE%DA%A9%D8%A7%D8%B1%D8%AA" title="فلیپکارت – Persian" lang="fa" hreflang="fa" data-title="فلیپکارت" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Flipkart" title="Flipkart – French" lang="fr" hreflang="fr" data-title="Flipkart" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%ED%94%8C%EB%A6%BD%EC%B9%B4%ED%8A%B8" title="플립카트 – Korean" lang="ko" hreflang="ko" data-title="플립카트" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-ha mw-list-item"><a href="https://ha.wikipedia.org/wiki/Flipkart" title="Flipkart – Hausa" lang="ha" hreflang="ha" data-title="Flipkart" data-language-autonym="Hausa" data-language-local-name="Hausa" class="interlanguage-link-target"><span>Hausa</span></a></li><li class="interlanguage-link interwiki-hi mw-list-item"><a href="https://hi.wikipedia.org/wiki/%E0%A4%AB%E0%A5%8D%E0%A4%B2%E0%A4%BF%E0%A4%AA%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%9F" title="फ्लिपकार्ट – Hindi" lang="hi" hreflang="hi" data-title="फ्लिपकार्ट" data-language-autonym="हिन्दी" data-language-local-name="Hindi" class="interlanguage-link-target"><span>हिन्दी</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Flipkart" title="Flipkart – Indonesian" lang="id" hreflang="id" data-title="Flipkart" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Flipkart" title="Flipkart – Italian" lang="it" hreflang="it" data-title="Flipkart" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-he mw-list-item"><a href="https://he.wikipedia.org/wiki/%D7%A4%D7%9C%D7%99%D7%A4%D7%A7%D7%90%D7%A8%D7%98" title="פליפקארט – Hebrew" lang="he" hreflang="he" data-title="פליפקארט" data-language-autonym="עברית" data-language-local-name="Hebrew" class="interlanguage-link-target"><span>עברית</span></a></li><li class="interlanguage-link interwiki-kn mw-list-item"><a href="https://kn.wikipedia.org/wiki/%E0%B2%AB%E0%B3%8D%E0%B2%B2%E0%B2%BF%E0%B2%AA%E0%B3%8D%E2%80%8C%E0%B2%95%E0%B2%BE%E0%B2%B0%E0%B3%8D%E0%B2%9F%E0%B3%8D" title="ಫ್ಲಿಪ್ಕಾರ್ಟ್ – Kannada" lang="kn" hreflang="kn" data-title="ಫ್ಲಿಪ್ಕಾರ್ಟ್" data-language-autonym="ಕನ್ನಡ" data-language-local-name="Kannada" class="interlanguage-link-target"><span>ಕನ್ನಡ</span></a></li><li class="interlanguage-link interwiki-ks mw-list-item"><a href="https://ks.wikipedia.org/wiki/%D9%81%D9%84%D9%BE%DA%A9%D8%A7%D8%B1%D9%B9" title="فلپکارٹ – Kashmiri" lang="ks" hreflang="ks" data-title="فلپکارٹ" data-language-autonym="कॉशुर / کٲشُر" data-language-local-name="Kashmiri" class="interlanguage-link-target"><span>कॉशुर / کٲشُر</span></a></li><li class="interlanguage-link interwiki-ml mw-list-item"><a href="https://ml.wikipedia.org/wiki/%E0%B4%AB%E0%B5%8D%E0%B4%B2%E0%B4%BF%E0%B4%AA%E0%B5%8D%E0%B4%95%E0%B4%BE%E0%B5%BC%E0%B4%9F%E0%B5%8D%E0%B4%9F%E0%B5%8D" title="ഫ്ലിപ്കാർട്ട് – Malayalam" lang="ml" hreflang="ml" data-title="ഫ്ലിപ്കാർട്ട്" data-language-autonym="മലയാളം" data-language-local-name="Malayalam" class="interlanguage-link-target"><span>മലയാളം</span></a></li><li class="interlanguage-link interwiki-mr mw-list-item"><a href="https://mr.wikipedia.org/wiki/%E0%A4%AB%E0%A5%8D%E0%A4%B2%E0%A4%BF%E0%A4%AA%E0%A4%95%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%9F" title="फ्लिपकार्ट – Marathi" lang="mr" hreflang="mr" data-title="फ्लिपकार्ट" data-language-autonym="मराठी" data-language-local-name="Marathi" class="interlanguage-link-target"><span>मराठी</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/Flipkart" title="Flipkart – Malay" lang="ms" hreflang="ms" data-title="Flipkart" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E3%83%95%E3%83%AA%E3%83%83%E3%83%97%E3%82%AB%E3%83%BC%E3%83%88" title="フリップカート – Japanese" lang="ja" hreflang="ja" data-title="フリップカート" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-or mw-list-item"><a href="https://or.wikipedia.org/wiki/%E0%AC%AB%E0%AD%8D%E0%AC%B2%E0%AC%BF%E0%AC%AA%E0%AC%95%E0%AC%BE%E0%AC%B0%E0%AD%8D%E0%AC%9F" title="ଫ୍ଲିପକାର୍ଟ – Odia" lang="or" hreflang="or" data-title="ଫ୍ଲିପକାର୍ଟ" data-language-autonym="ଓଡ଼ିଆ" data-language-local-name="Odia" class="interlanguage-link-target"><span>ଓଡ଼ିଆ</span></a></li><li class="interlanguage-link interwiki-pa mw-list-item"><a href="https://pa.wikipedia.org/wiki/%E0%A8%AB%E0%A8%B2%E0%A8%BF%E0%A8%AA%E0%A8%95%E0%A8%BE%E0%A8%B0%E0%A8%9F" title="ਫਲਿਪਕਾਰਟ – Punjabi" lang="pa" hreflang="pa" data-title="ਫਲਿਪਕਾਰਟ" data-language-autonym="ਪੰਜਾਬੀ" data-language-local-name="Punjabi" class="interlanguage-link-target"><span>ਪੰਜਾਬੀ</span></a></li><li class="interlanguage-link interwiki-pnb mw-list-item"><a href="https://pnb.wikipedia.org/wiki/%D9%81%D9%84%D9%BE_%DA%A9%D8%A7%D8%B1%D9%B9" title="فلپ کارٹ – Western Punjabi" lang="pnb" hreflang="pnb" data-title="فلپ کارٹ" data-language-autonym="پنجابی" data-language-local-name="Western Punjabi" class="interlanguage-link-target"><span>پنجابی</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Flipkart" title="Flipkart – Portuguese" lang="pt" hreflang="pt" data-title="Flipkart" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/Flipkart" title="Flipkart – Russian" lang="ru" hreflang="ru" data-title="Flipkart" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-so mw-list-item"><a href="https://so.wikipedia.org/wiki/Shirkad_-_Flipkart" title="Shirkad - Flipkart – Somali" lang="so" hreflang="so" data-title="Shirkad - Flipkart" data-language-autonym="Soomaaliga" data-language-local-name="Somali" class="interlanguage-link-target"><span>Soomaaliga</span></a></li><li class="interlanguage-link interwiki-ta mw-list-item"><a href="https://ta.wikipedia.org/wiki/%E0%AE%AA%E0%AE%BF%E0%AE%B3%E0%AE%BF%E0%AE%AA%E0%AF%8D%E0%AE%95%E0%AE%BE%E0%AE%B0%E0%AF%8D%E0%AE%9F%E0%AF%8D" title="பிளிப்கார்ட் – Tamil" lang="ta" hreflang="ta" data-title="பிளிப்கார்ட்" data-language-autonym="தமிழ்" data-language-local-name="Tamil" class="interlanguage-link-target"><span>தமிழ்</span></a></li><li class="interlanguage-link interwiki-te mw-list-item"><a href="https://te.wikipedia.org/wiki/%E0%B0%AB%E0%B1%8D%E0%B0%B2%E0%B0%BF%E0%B0%AA%E0%B1%8D%E2%80%8C%E0%B0%95%E0%B0%BE%E0%B0%B0%E0%B1%8D%E0%B0%9F%E0%B1%8D" title="ఫ్లిప్కార్ట్ – Telugu" lang="te" hreflang="te" data-title="ఫ్లిప్కార్ట్" data-language-autonym="తెలుగు" data-language-local-name="Telugu" class="interlanguage-link-target"><span>తెలుగు</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Flipkart" title="Flipkart – Turkish" lang="tr" hreflang="tr" data-title="Flipkart" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/Flipkart" title="Flipkart – Ukrainian" lang="uk" hreflang="uk" data-title="Flipkart" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-ur mw-list-item"><a href="https://ur.wikipedia.org/wiki/%D9%81%D9%84%D9%BE_%DA%A9%D8%A7%D8%B1%D9%B9" title="فلپ کارٹ – Urdu" lang="ur" hreflang="ur" data-title="فلپ کارٹ" data-language-autonym="اردو" data-language-local-name="Urdu" class="interlanguage-link-target"><span>اردو</span></a></li><li class="interlanguage-link interwiki-vi mw-list-item"><a href="https://vi.wikipedia.org/wiki/Flipkart" title="Flipkart – Vietnamese" lang="vi" hreflang="vi" data-title="Flipkart" data-language-autonym="Tiếng Việt" data-language-local-name="Vietnamese" class="interlanguage-link-target"><span>Tiếng Việt</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/Flipkart" title="Flipkart – Chinese" lang="zh" hreflang="zh" data-title="Flipkart" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q1381966#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-nstab-main" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Flipkart" title="View the content page [c]" accesskey="c"><span>Article</span></a></li><li id="ca-talk" class="vector-tab-noicon mw-list-item"><a href="/wiki/Talk:Flipkart" rel="discussion" 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class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Indian e-commerce company</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">Flipkart</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:Flipkart_logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/7/7a/Flipkart_logo.svg/200px-Flipkart_logo.svg.png" decoding="async" width="200" height="55" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/7/7a/Flipkart_logo.svg/300px-Flipkart_logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/7/7a/Flipkart_logo.svg/400px-Flipkart_logo.svg.png 2x" data-file-width="604" data-file-height="166" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiary</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/E-commerce" title="E-commerce">E-commerce</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">2007<span class="noprint">; 18 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">2007</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Founders</th><td class="infobox-data agent"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/Sachin_Bansal" title="Sachin Bansal">Sachin Bansal</a></li><li><a href="/wiki/Binny_Bansal" title="Binny Bansal">Binny Bansal</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"><ul><li><a href="/wiki/Bangalore" class="mw-redirect" title="Bangalore">Bangalore</a>, <a href="/wiki/Karnataka" title="Karnataka">Karnataka</a>, India (operational HQ)</li><li><a href="/wiki/Singapore" title="Singapore">Singapore</a> (legal domicile)</li></ul></div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">India</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Kalyan Krishnamurthi (<a href="/wiki/Chief_executive_officer" title="Chief executive officer">CEO</a>)<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category"><a href="/wiki/Online_shopping" title="Online shopping">Online shopping</a></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/11px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/17px-Increase2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/22px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>70,541 crore</span> (US$8.2 billion) (2024)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Positive decrease"><img alt="Positive decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Decrease_Positive.svg/11px-Decrease_Positive.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Decrease_Positive.svg/17px-Decrease_Positive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Decrease_Positive.svg/22px-Decrease_Positive.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span class="nowrap"><span style="white-space: nowrap">₹</span>−4,248 crore</span> (US$−490 million) (2024)</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">22,000 (excluding Myntra)<sup id="cite_ref-Business_Today_2-0" class="reference"><a href="#cite_note-Business_Today-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> (January 2024)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Walmart" title="Walmart">Walmart</a> (~85%)<sup id="cite_ref-Inc42_3-0" class="reference"><a href="#cite_note-Inc42-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"> <ul><li><a href="/wiki/Cleartrip" title="Cleartrip">Cleartrip</a></li> <li><a href="/wiki/Ekart" title="Ekart">Ekart</a></li> <li><a href="/wiki/Flipkart_Health%2B" title="Flipkart Health+">Flipkart Health+</a></li> <li>Flipkart Wholesale</li> <li><a href="/wiki/Myntra" title="Myntra">Myntra</a></li> <li><a href="/wiki/Shopsy_(company)" title="Shopsy (company)">Shopsy</a></li></ul> </div></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="https://flipkart.com/">flipkart<wbr />.com</a></span></td></tr><tr><td colspan="2" class="infobox-below"><b>Footnotes / references</b><br />Financials as of 31 March 2024<sup class="plainlinks noexcerpt noprint asof-tag update" style="display:none;"><a class="external text" href="https://en.wikipedia.org/w/index.php?title=Flipkart&action=edit">[update]</a></sup>.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup></td></tr></tbody></table> <p><b>Flipkart Private Limited</b> is an Indian <a href="/wiki/E-commerce" title="E-commerce">e-commerce</a> company, headquartered in <a href="/wiki/Bangalore" class="mw-redirect" title="Bangalore">Bangalore</a>, and incorporated in <a href="/wiki/Singapore" title="Singapore">Singapore</a> as a <a href="/wiki/Private_company_limited_by_shares" title="Private company limited by shares">private limited company</a>. The company initially focused on online book sales before expanding into other product categories such as <a href="/wiki/Consumer_electronics" title="Consumer electronics">consumer electronics</a>, <a href="/wiki/Fashion" title="Fashion">fashion</a>, home essentials, groceries, and lifestyle products.<sup id="cite_ref-BBC_Home_2021_y544_5-0" class="reference"><a href="#cite_note-BBC_Home_2021_y544-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Moneycontrol_2023_i664_6-0" class="reference"><a href="#cite_note-Moneycontrol_2023_i664-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p><p>The service competes primarily with <a href="/wiki/Amazon_(company)" title="Amazon (company)">Amazon</a> India and domestic rival Snapdeal.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> As of FY23, Flipkart held a 48% market share in the Indian e-commerce industry.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of <a href="/wiki/Myntra" title="Myntra">Myntra</a>, and was described as being "neck and neck" with Amazon in the sale of electronics and <a href="/wiki/Mobile_phone" title="Mobile phone">mobile phones</a>.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="2007–2010:_Start-up_phase"><span id="2007.E2.80.932010:_Start-up_phase"></span>2007–2010: Start-up phase</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=2" title="Edit section: 2007–2010: Start-up phase"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Flipkart was founded in October 2007 in <a href="/wiki/Bangalore" class="mw-redirect" title="Bangalore">Bangalore</a><sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> by <a href="/wiki/Sachin_Bansal" title="Sachin Bansal">Sachin Bansal</a> and <a href="/wiki/Binny_Bansal" title="Binny Bansal">Binny Bansal</a>, alumni of the <a href="/wiki/IIT_Delhi" title="IIT Delhi">IIT Delhi</a> and former <a href="/wiki/Amazon_(company)" title="Amazon (company)">Amazon</a> employees.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> The company was started from a two-bedroom apartment in Koramangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family. The website was kicked off in October 2007 and the company was only limited to selling books at that time country-wide shipping.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> Flipkart slowly grew in prominence and was receiving 100 orders per day by 2008.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> Flipkart acquired WeRead in 2010 from Lulu.com that helped it build its foundational strength which was the digital retail of books. This space was otherwise only shared by very limited number of players at that time in the market, such as <a href="/wiki/Landmark_Bookstores" title="Landmark Bookstores">Landmark</a> and <a href="/wiki/Infibeam" title="Infibeam">Infibeam</a>. Flipkart used aggressive discounts and focused on customer service to move towards a leadership position in the market. WeRead consisted of a large network of readers (~3 million) with around 60 million books. The platform also noted information that was user generated – such as people marking a book as favorite or leaving a review or rating. WeRead, because of its utility to community and independent nature maintained its brand identity even after acquisition<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2011–2014:_Growth,_mergers_and_acquisitions"><span id="2011.E2.80.932014:_Growth.2C_mergers_and_acquisitions"></span>2011–2014: Growth, mergers and acquisitions</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=3" title="Edit section: 2011–2014: Growth, mergers and acquisitions"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2011, Flipkart acquired the <a href="/wiki/Digital_distribution" title="Digital distribution">digital distribution</a> business Mime360.com<sup id="cite_ref-mime360_19-0" class="reference"><a href="#cite_note-mime360-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> and the digital content library of the <a href="/wiki/Hindi_cinema" title="Hindi cinema">Bollywood</a> portal Chakpak.<sup id="cite_ref-chakpak_20-0" class="reference"><a href="#cite_note-chakpak-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> Following the acquisition, Flipkart launched its <a href="/wiki/Digital_rights_management" title="Digital rights management">DRM-free</a> <a href="/wiki/Digital_music_store" title="Digital music store">Digital music store</a> Flyte in 2012. Due to competition from free streaming sites, Flyte was unsuccessful and shut down in June 2013.<sup id="cite_ref-digit_21-0" class="reference"><a href="#cite_note-digit-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> Mime360 was a content distributor that used HTTP-based encryption technology that allows for fast and secure data delivery. It distributed music, media and games using its distribution platform.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </p><p>With its eyes on India's retail market, Flipkart acquired Letsbuy, an online electronics retailer,<sup id="cite_ref-letsbuy-acquired_26-0" class="reference"><a href="#cite_note-letsbuy-acquired-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> in 2012, and <a href="/wiki/Myntra" title="Myntra">Myntra</a>, an online fashion retailer, for US$280 million in May 2014.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> Myntra continues to operate alongside Flipkart as a standalone subsidiary focusing on separate market segments.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> </p><p>In October 2014, Flipkart reprised the <i>Big Billion Days</i> event as a multi-day event exclusive to the Flipkart app. Flipkart bolstered its supply chain and introduced more fulfillment centers to meet customer demand.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> Flipkart achieved a <a href="/wiki/Gross_merchandise_volume" title="Gross merchandise volume">gross merchandise volume</a> of US$300 million during the event, with the largest volumes coming from fashion sales and the largest value coming from mobiles.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> </p><p>In 2014, Flipkart invested in Ngpay to strengthen the mobile payment services since there was an increased focus on mobile ecommerce; Flipkart reported that mobile ecommerce was contributing 50% of its sales. Investment in Ngpay was followed by Flipkart shutting Payzippy – the in-house payment gateway and merged it with Ngpay. The Ngpay mobile application could be used to buy services and products through the mobile phones.<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2015–2018"><span id="2015.E2.80.932018"></span>2015–2018</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=4" title="Edit section: 2015–2018"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In April 2015, Flipkart acquired Appiterate, a <a href="/wiki/Delhi" title="Delhi">Delhi</a>-based <a href="/wiki/Mobile_marketing" title="Mobile marketing">mobile marketing</a> automation firm. Flipkart stated that it would use Appiterate's technology to enhance its mobile services.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup> In December 2015, Flipkart purchased a stake of around 34% (at a deal of around $260 million)<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> in the digital mapping provider <a href="/wiki/MapmyIndia" title="MapmyIndia">MapmyIndia</a>.<sup id="cite_ref-34" class="reference"><a href="#cite_note-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> The company also invested in the <a href="/wiki/Unified_Payments_Interface" title="Unified Payments Interface">UPI</a> <a href="/wiki/Mobile_payment" title="Mobile payment">mobile payments</a> startup <a href="/wiki/PhonePe" title="PhonePe">PhonePe</a> same year.<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-mintphonepe_36-0" class="reference"><a href="#cite_note-mintphonepe-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup> The two entities, PhonePe and Flipkart, separated as two different companies later.<sup id="cite_ref-:3_37-0" class="reference"><a href="#cite_note-:3-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> </p><p>In 2016, Flipkart acquired the online fashion retailer <a href="/wiki/Jabong.com" title="Jabong.com">Jabong.com</a> from <a href="/wiki/Rocket_Internet" title="Rocket Internet">Rocket Internet</a> for US$70 million and in January 2017, Flipkart made a US$2 million investment in <a href="/wiki/TinyStep" title="TinyStep">TinyStep</a>, a parenting information startup.<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> </p><p>In 2017, Flipkart sold 1.3 million phones in 20 hours on 21 September during its <i>Big Billion Days</i> promotion, doubling the number sold on the first day of the same event in 2016.<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> Flipkart held a 51% share of all Indian smartphone shipments in 2017, overtaking Amazon India (33%).<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup> </p><p>In April 2017, <a href="/wiki/EBay" title="EBay">eBay</a> announced that it would sell its Indian <a href="/wiki/Subsidiary" title="Subsidiary">subsidiary</a>, eBay.in, to Flipkart and invest US$500 million in the company. While eBay suggested that the partnership would allow Flipkart to access eBay's network of international vendors, these plans never came to fruition.<sup id="cite_ref-:0_41-0" class="reference"><a href="#cite_note-:0-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup> In July 2017, Flipkart made an offer to acquire its main domestic competitor, <a href="/wiki/Snapdeal" title="Snapdeal">Snapdeal</a>, for US$700 to 800 million. It was rejected by Snapdeal, which was seeking at least US$1 billion.<sup id="cite_ref-ETflipkartebay_43-0" class="reference"><a href="#cite_note-ETflipkartebay-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> </p><p>In August 2018, American retail chain <a href="/wiki/Walmart" title="Walmart">Walmart</a> acquired a 77% controlling stake in Flipkart for <a href="/wiki/United_States_dollar" title="United States dollar">US</a>$16 billion, valuing Flipkart at around US$20 billion.<sup id="cite_ref-44" class="reference"><a href="#cite_note-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> Flipkart is valued at $37.6 billion as of 2022.<sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> </p><p>In November 2018, Wal Mart increased the equity of Flipkart to 81.3%.<sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> </p><p>On 13 November 2018, Flipkart CEO <a href="/wiki/Binny_Bansal" title="Binny Bansal">Binny Bansal</a> resigned after facing an allegation of "serious personal misconduct". Walmart stated that "while the investigation did not find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency, related to how Binny responded to the situation."<sup id="cite_ref-47" class="reference"><a href="#cite_note-47"><span class="cite-bracket">[</span>47<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-48" class="reference"><a href="#cite_note-48"><span class="cite-bracket">[</span>48<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2019–2022"><span id="2019.E2.80.932022"></span>2019–2022</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=5" title="Edit section: 2019–2022"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In July 2019, Flipkart launched Samarth program that supported local artisans, weavers, and craftspersons that traditionally are only able to sell locally.<sup id="cite_ref-49" class="reference"><a href="#cite_note-49"><span class="cite-bracket">[</span>49<span class="cite-bracket">]</span></a></sup> The Samarth program supports with onboarding and helping them sell their products online beyond their local markets, and across the country. Apart from the onboarding, the program also helps with other processes of selling online such as cataloging, warehousing support etc.<sup id="cite_ref-50" class="reference"><a href="#cite_note-50"><span class="cite-bracket">[</span>50<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-51" class="reference"><a href="#cite_note-51"><span class="cite-bracket">[</span>51<span class="cite-bracket">]</span></a></sup> </p><p>Flipkart invested US$4 million in the customer engagement and rewards platform EasyRewardz - a business-to-business loyalty management platform on 19 November 2019.<sup id="cite_ref-52" class="reference"><a href="#cite_note-52"><span class="cite-bracket">[</span>52<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-53" class="reference"><a href="#cite_note-53"><span class="cite-bracket">[</span>53<span class="cite-bracket">]</span></a></sup> The platform supports the management of loyalty points among banks and brands.<sup id="cite_ref-54" class="reference"><a href="#cite_note-54"><span class="cite-bracket">[</span>54<span class="cite-bracket">]</span></a></sup> </p><p>In 2020, Flipkart launched <i>Flipkart Wholesale,</i> a novel online marketplace that provided a digital platform for <a href="/wiki/Convenience_store" title="Convenience store"><i>kiranas</i></a> and <a href="/wiki/Small_and_medium-sized_enterprises" class="mw-redirect" title="Small and medium-sized enterprises">MSMEs</a>.<sup id="cite_ref-55" class="reference"><a href="#cite_note-55"><span class="cite-bracket">[</span>55<span class="cite-bracket">]</span></a></sup> As a part of the same initiative around Flipkart Wholesale, Flipkart also acquired 100% stake in Walmart India Private Limited operating Best Price cash-and-carry business to further strengthen the wholesale capabilities.<sup id="cite_ref-56" class="reference"><a href="#cite_note-56"><span class="cite-bracket">[</span>56<span class="cite-bracket">]</span></a></sup> </p><p>In July 2020, Flipkart acquired a 27% stake in <a href="/wiki/Arvind_(company)" title="Arvind (company)">Arvind Fashions Limited</a>'s newly formed subsidiary Arvind Youth Brands for US$35 million. Arvind Youth Brands owns the Flying Machine brand.<sup id="cite_ref-57" class="reference"><a href="#cite_note-57"><span class="cite-bracket">[</span>57<span class="cite-bracket">]</span></a></sup> Flipkart also rolled out Flipkart Quick, a hyperlocal 90-minute delivery service for product categories such as groceries, home accessories, mobile phones, stationery, and more.<sup id="cite_ref-58" class="reference"><a href="#cite_note-58"><span class="cite-bracket">[</span>58<span class="cite-bracket">]</span></a></sup> </p><p>In October 2020, Flipkart acquired a 7.8% stake in <a href="/wiki/Aditya_Birla_Fashion_and_Retail" title="Aditya Birla Fashion and Retail">Aditya Birla Fashion and Retail</a> for US$204 million.<sup id="cite_ref-59" class="reference"><a href="#cite_note-59"><span class="cite-bracket">[</span>59<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-60" class="reference"><a href="#cite_note-60"><span class="cite-bracket">[</span>60<span class="cite-bracket">]</span></a></sup> The following month, Flipkart acquired the intellectual property of gaming startup Mech Mocha for an undisclosed amount.<sup id="cite_ref-61" class="reference"><a href="#cite_note-61"><span class="cite-bracket">[</span>61<span class="cite-bracket">]</span></a></sup> The acquisition formed part of Flipkart's plans to gain and retain users by offering casual games.<sup id="cite_ref-62" class="reference"><a href="#cite_note-62"><span class="cite-bracket">[</span>62<span class="cite-bracket">]</span></a></sup> In November 2020, Flipkart acquired augmented reality company Scapic, which provides a suite of tools to create and publish augmented reality, virtual reality, and 3D content quickly and without coding.<sup id="cite_ref-63" class="reference"><a href="#cite_note-63"><span class="cite-bracket">[</span>63<span class="cite-bracket">]</span></a></sup> </p><p>As of 2021, the Flipkart app was available in 8 local Indian languages, Gujarati, Bengali, Odia, Hindi, Telugu, Kannada, Marathi and Tamil.<sup id="cite_ref-64" class="reference"><a href="#cite_note-64"><span class="cite-bracket">[</span>64<span class="cite-bracket">]</span></a></sup> </p><p>In April 2021, Flipkart announced the acquisition of the travel booking portal <a href="/wiki/Cleartrip" title="Cleartrip">Cleartrip</a>.<sup id="cite_ref-65" class="reference"><a href="#cite_note-65"><span class="cite-bracket">[</span>65<span class="cite-bracket">]</span></a></sup> Flipkart also entered the hotel industry for the Indian and global markets. The Flipkart Hotels uses Cleartrip API.<sup id="cite_ref-66" class="reference"><a href="#cite_note-66"><span class="cite-bracket">[</span>66<span class="cite-bracket">]</span></a></sup> Flipkart acquired Cleartrip's business in Middle East by signing a definitive agreement with <a href="/wiki/Wego.com" title="Wego.com">Wego</a> - an online market place for travel that operates in middle east and North Africa. This included the sale of the website Flyin.com.<sup id="cite_ref-67" class="reference"><a href="#cite_note-67"><span class="cite-bracket">[</span>67<span class="cite-bracket">]</span></a></sup> </p><p>In July 2021, Flipkart launched its <a href="/wiki/Social_commerce" title="Social commerce">social commerce</a> marketplace called Shopsy, which allowed individuals and small businesses to direct sell and resell products to customers via social media channels.<sup id="cite_ref-:1_68-0" class="reference"><a href="#cite_note-:1-68"><span class="cite-bracket">[</span>68<span class="cite-bracket">]</span></a></sup> In December 2021, Shopsy entered the grocery delivery segment in 700 cities across India.<sup id="cite_ref-69" class="reference"><a href="#cite_note-69"><span class="cite-bracket">[</span>69<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:2_70-0" class="reference"><a href="#cite_note-:2-70"><span class="cite-bracket">[</span>70<span class="cite-bracket">]</span></a></sup> Shopsy surpasses 200 million app downloads on its 2nd anniversary in the month of July in 2023 with more than 60% of users hailing from tier-3 markets and other cities.<sup id="cite_ref-71" class="reference"><a href="#cite_note-71"><span class="cite-bracket">[</span>71<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-72" class="reference"><a href="#cite_note-72"><span class="cite-bracket">[</span>72<span class="cite-bracket">]</span></a></sup> </p><p>In 2022, when PhonePe (acquired by Flipkart in 2015) moved its entire base to India, Flipkart separated the ownership of <a href="/wiki/PhonePe" title="PhonePe">PhonePe</a> and shareholders in India and Singapore and the respective shareholders purchased shares of <a href="/wiki/PhonePe" title="PhonePe">PhonePe</a>'s India entity directly. It was announced that a cash payout of approximately $700 million was to be made to the former and current employees who were holding PhonePe's shares.<sup id="cite_ref-:3_37-1" class="reference"><a href="#cite_note-:3-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-73" class="reference"><a href="#cite_note-73"><span class="cite-bracket">[</span>73<span class="cite-bracket">]</span></a></sup> </p><p>In April 2022, Flipkart launched its first grocery fulfilment center in <a href="/wiki/Northeast_India" title="Northeast India">Northeast India</a>, based in <a href="/wiki/Guwahati" title="Guwahati">Guwahati</a>. The centre was reportedly women-run to promote inclusion of women in the Flipkart's supply chain and to support the career progression of Flipkart's female employees.<sup id="cite_ref-74" class="reference"><a href="#cite_note-74"><span class="cite-bracket">[</span>74<span class="cite-bracket">]</span></a></sup> The same month, the company established the Flipkart Foundation to support entrepreneurship and skill development within the underserved communities in India.<sup id="cite_ref-75" class="reference"><a href="#cite_note-75"><span class="cite-bracket">[</span>75<span class="cite-bracket">]</span></a></sup> </p><p>In 2022, Flipkart entered the <a href="/wiki/Non-fungible_token" title="Non-fungible token">Non-Fungible Tokens (NFTs)</a> and <a href="/wiki/Web3" title="Web3">Web3</a> segment by letting the Indian purchasers of <a href="/wiki/Nothing_Phone_1" title="Nothing Phone 1">Nothing Phone (1)</a> to get Nothing's NFT through the app called Nothing Community Dots. These NFTs use the Polygon blockchain to host it.<sup id="cite_ref-76" class="reference"><a href="#cite_note-76"><span class="cite-bracket">[</span>76<span class="cite-bracket">]</span></a></sup> The NFT drop happened at FireDrops - which was done on Flipkart's NFT marketplace, supported by GuardianLink.<sup id="cite_ref-77" class="reference"><a href="#cite_note-77"><span class="cite-bracket">[</span>77<span class="cite-bracket">]</span></a></sup> In October 2022, Flipkart also created a shopping platform that was metaverse-based, called Flipverse. The platform allows people to explore products and shop in a more interactive way.<sup id="cite_ref-78" class="reference"><a href="#cite_note-78"><span class="cite-bracket">[</span>78<span class="cite-bracket">]</span></a></sup> The Flipverse has been created through a partnership with a Polygon-incubated firm called eDAO, and Flipverse hopes to provide a similar experience to the actual mall-like shopping where people would be able to create their Avatars.<sup id="cite_ref-79" class="reference"><a href="#cite_note-79"><span class="cite-bracket">[</span>79<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-80" class="reference"><a href="#cite_note-80"><span class="cite-bracket">[</span>80<span class="cite-bracket">]</span></a></sup> </p><p>The Walmart Foundation and Flipkart Foundation donated INR 2 crore for the flood relief work in Assam in 2022.<sup id="cite_ref-81" class="reference"><a href="#cite_note-81"><span class="cite-bracket">[</span>81<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2023–present"><span id="2023.E2.80.93present"></span>2023–present</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=6" title="Edit section: 2023–present"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The e-commerce also started a virtual storefront that is dedicated to the academic needs of students named 'Flipkart Student's Club'.<sup id="cite_ref-82" class="reference"><a href="#cite_note-82"><span class="cite-bracket">[</span>82<span class="cite-bracket">]</span></a></sup> The 'Flipkart Green' venture was created in 2023 for customers who want to have a sustainable lifestyle by providing certified sustainable products.<sup id="cite_ref-83" class="reference"><a href="#cite_note-83"><span class="cite-bracket">[</span>83<span class="cite-bracket">]</span></a></sup> </p><p><a href="/wiki/Binny_Bansal" title="Binny Bansal">Binny Bansal</a> resigned from the executive team on 28 January 2024, and over the past few months, he has completely divested his stake. In the last year, Binny, along with Excel and <a href="/wiki/Tiger_Global_Management" title="Tiger Global Management">Tiger Global Management</a>, sold their entire stake to <a href="/wiki/Walmart" title="Walmart">Walmart</a>, resulting in Binny earning around 1.5 billion dollars. Walmart had acquired a 77% stake in Flipkart for 16 billion dollars in May 2018.<sup id="cite_ref-84" class="reference"><a href="#cite_note-84"><span class="cite-bracket">[</span>84<span class="cite-bracket">]</span></a></sup> </p><p>In March 2024, Flipkart launched its UPI services, Flipkart UPI, in partnership with <a href="/wiki/Axis_Bank" title="Axis Bank">Axis Bank</a>.<sup id="cite_ref-85" class="reference"><a href="#cite_note-85"><span class="cite-bracket">[</span>85<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-86" class="reference"><a href="#cite_note-86"><span class="cite-bracket">[</span>86<span class="cite-bracket">]</span></a></sup> In May 2024, it was reported that Google would invest US$350 million in the company.<sup id="cite_ref-87" class="reference"><a href="#cite_note-87"><span class="cite-bracket">[</span>87<span class="cite-bracket">]</span></a></sup> </p><p>In the space of Generative AI, Flipkart launched Flippi - an AI powered shopping assistant available in English that helps buyers make a shopping decision. Flipkart also launched Vibes - which integrates video content and online shopping - bringing a 'window-shopping' experience for the users. Both Flippi and Vibes are part of the enhanced 'Swipe Screen' experience initiative.<sup id="cite_ref-88" class="reference"><a href="#cite_note-88"><span class="cite-bracket">[</span>88<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-89" class="reference"><a href="#cite_note-89"><span class="cite-bracket">[</span>89<span class="cite-bracket">]</span></a></sup> </p><p>Gen Z accounts for more than 25 percent of Flipkart Fashion's customer base. Hence, in August 2023, Flipkart introduced an in-app fashion platform named Spoyl, targeted at Gen Z individuals. Spoyl features a unique unisex product navigation system that allows for gender-neutral browsing of styles.<sup id="cite_ref-90" class="reference"><a href="#cite_note-90"><span class="cite-bracket">[</span>90<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Walmart_investment">Walmart investment</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=7" title="Edit section: Walmart investment"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 4 May 2018, it was reported that multinational retail conglomerate <a href="/wiki/Walmart" title="Walmart">Walmart</a> had won a bidding war with Amazon to acquire a majority stake in Flipkart for US$15 billion.<sup id="cite_ref-91" class="reference"><a href="#cite_note-91"><span class="cite-bracket">[</span>91<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-92" class="reference"><a href="#cite_note-92"><span class="cite-bracket">[</span>92<span class="cite-bracket">]</span></a></sup> On 9 May 2018, Walmart officially announced its intent to acquire a 77% controlling stake in Flipkart for US$16 billion.<sup id="cite_ref-93" class="reference"><a href="#cite_note-93"><span class="cite-bracket">[</span>93<span class="cite-bracket">]</span></a></sup> Following the purchase, Flipkart co-founder Sachin Bansal left the company. The remaining management team reported to <a href="/wiki/Marc_Lore" title="Marc Lore">Marc Lore</a>, <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a> of Walmart eCommerce US.<sup id="cite_ref-94" class="reference"><a href="#cite_note-94"><span class="cite-bracket">[</span>94<span class="cite-bracket">]</span></a></sup> Walmart president <a href="/wiki/Doug_McMillon" title="Doug McMillon">Doug McMillon</a> cited plans to help Flipkart with its sourcing and supply chain while tapping on its expertise to expand Walmart globally.<sup id="cite_ref-95" class="reference"><a href="#cite_note-95"><span class="cite-bracket">[</span>95<span class="cite-bracket">]</span></a></sup> Indian traders protested against the deal, considering it a threat to domestic business.<sup id="cite_ref-96" class="reference"><a href="#cite_note-96"><span class="cite-bracket">[</span>96<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-97" class="reference"><a href="#cite_note-97"><span class="cite-bracket">[</span>97<span class="cite-bracket">]</span></a></sup> </p><p>In a filing with the <a href="/wiki/U.S._Securities_and_Exchange_Commission" title="U.S. Securities and Exchange Commission">U.S. Securities and Exchange Commission</a> on 11 May 2018, Walmart stated that a condition of the deal prescribed the possibility that Flipkart's current minority shareholders "may require Flipkart to effect an <a href="/wiki/Initial_public_offering" title="Initial public offering">initial public offering</a> following the fourth anniversary of the closing of the transactions at a valuation no less than that paid by Walmart".<sup id="cite_ref-98" class="reference"><a href="#cite_note-98"><span class="cite-bracket">[</span>98<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-99" class="reference"><a href="#cite_note-99"><span class="cite-bracket">[</span>99<span class="cite-bracket">]</span></a></sup> </p><p>Following the announcement of Walmart's deal, <a href="/wiki/EBay" title="EBay">eBay</a> announced that it would sell its stake in Flipkart back to the company for approximately US$1.1 billion and relaunch its Indian operations. The company stated that "there is a huge growth potential for e-commerce in India and significant opportunity for multiple players to succeed in India's diverse, domestic market."<sup id="cite_ref-:0_41-1" class="reference"><a href="#cite_note-:0-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> <a href="/wiki/SoftBank_Group" title="SoftBank Group">Softbank Group</a> also sold its entire 20% stake to Walmart without disclosing the terms of the sale.<sup id="cite_ref-100" class="reference"><a href="#cite_note-100"><span class="cite-bracket">[</span>100<span class="cite-bracket">]</span></a></sup> Walmart's acquisition of a 77% stake in Flipkart was completed on 18 August 2018. Walmart also provided US$2 billion in equity funding to the company.<sup id="cite_ref-101" class="reference"><a href="#cite_note-101"><span class="cite-bracket">[</span>101<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-102" class="reference"><a href="#cite_note-102"><span class="cite-bracket">[</span>102<span class="cite-bracket">]</span></a></sup> </p><p>On 22 December 2023, Flipkart confirmed that US$600 million will be raised from Walmart out of its total fundraising plan of US$1 billion. The expected valuation of the deal will range from US$34 billion to US$37 billion. In 2022 after PhonePe's separation, Flipkart was last valued at around US$33 billion.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (March 2024)">citation needed</span></a></i>]</sup> </p> <div class="mw-heading mw-heading2"><h2 id="Business_structure">Business structure</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=8" title="Edit section: Business structure"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>According to a report in November 2014, Flipkart operated with a complex business structure that included nine firms, some registered in Singapore and some in India. In 2022, Flipkart co-founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal.<sup id="cite_ref-103" class="reference"><a href="#cite_note-103"><span class="cite-bracket">[</span>103<span class="cite-bracket">]</span></a></sup> Flipkart's Indian entities are owned by Flipkart Pvt. Ltd., which is registered in Singapore. The Singapore-registered entity owns eight Indian companies, including Flipkart Internet Pvt. Ltd, the company that runs the e-commerce marketplace Flipkart.com, Flipkart India Pvt. Ltd, the wholesale business, and Flipkart Logistics Pvt. Ltd, which runs <a href="/wiki/Ekart" title="Ekart">Ekart</a> (the internal logistics arm that can be used by other e-commerce players).<sup id="cite_ref-104" class="reference"><a href="#cite_note-104"><span class="cite-bracket">[</span>104<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-105" class="reference"><a href="#cite_note-105"><span class="cite-bracket">[</span>105<span class="cite-bracket">]</span></a></sup> Flipkart also started Flipkart Health+ (through an app) in 2021 which deals with providing medicines and health services through technology. This was started with the help of getting the majority share in Sastasundar Marketplace Limited - an existing company that already was providing online pharmacy services.<sup id="cite_ref-106" class="reference"><a href="#cite_note-106"><span class="cite-bracket">[</span>106<span class="cite-bracket">]</span></a></sup> </p><p>Notable companies in which Flipkart Group owns a controlling stake include: </p> <table class="wikitable"> <tbody><tr> <th style="background:#2874F0; color:#fada33;">Name </th> <th style="background:#2874F0; color:#fada33;">Type </th> <th style="background:#2874F0; color:#fada33;">Since </th> <th style="background:#2874F0; color:#fada33;">Current stake </th></tr> <tr> <td><a href="/wiki/Myntra" title="Myntra">Myntra</a> </td> <td>Fashion </td> <td>2014 </td> <td>100%<sup id="cite_ref-107" class="reference"><a href="#cite_note-107"><span class="cite-bracket">[</span>107<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td><a href="/wiki/Ekart" title="Ekart">Ekart</a> </td> <td>Logistics </td> <td>2015 </td> <td><sup id="cite_ref-108" class="reference"><a href="#cite_note-108"><span class="cite-bracket">[</span>108<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td><a href="/wiki/Walmart" title="Walmart">Flipkart Wholesale</a> </td> <td>B2B <a href="/wiki/Cash_and_carry" title="Cash and carry">cash and carry</a> </td> <td>2020 </td> <td>100%<sup id="cite_ref-109" class="reference"><a href="#cite_note-109"><span class="cite-bracket">[</span>109<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td><a href="/wiki/Cleartrip" title="Cleartrip">Cleartrip</a> </td> <td>Travel booking </td> <td>2021 </td> <td>80%<sup id="cite_ref-110" class="reference"><a href="#cite_note-110"><span class="cite-bracket">[</span>110<span class="cite-bracket">]</span></a></sup> </td></tr> <tr> <td><a href="/wiki/Shopsy_(company)" title="Shopsy (company)">Shopsy</a> </td> <td>B2C e-commerce </td> <td>2021 </td> <td>100% </td></tr> <tr> <td><a href="/wiki/Flipkart_Health%2B" title="Flipkart Health+">Flipkart Health+</a> </td> <td>Healthcare </td> <td>2021 </td> <td>75.1%<sup id="cite_ref-111" class="reference"><a href="#cite_note-111"><span class="cite-bracket">[</span>111<span class="cite-bracket">]</span></a></sup> </td></tr></tbody></table> <p>Flipkart has made 22 acquisitions and 27 investments, spending over US$415 million for the acquisitions.<sup id="cite_ref-112" class="reference"><a href="#cite_note-112"><span class="cite-bracket">[</span>112<span class="cite-bracket">]</span></a></sup> Flipkart has invested in multiple sectors such as e-commerce, consumer electronics, local services and more.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (September 2022)">citation needed</span></a></i>]</sup> In 2022, it also revised its policies for sellers in an attempt to make it more seller-friendly. This included simplifying the rate card and reducing fee for return costs.<sup id="cite_ref-113" class="reference"><a href="#cite_note-113"><span class="cite-bracket">[</span>113<span class="cite-bracket">]</span></a></sup> In 2022, Flipkart reportedly hosted 1.1 million sellers.<sup id="cite_ref-114" class="reference"><a href="#cite_note-114"><span class="cite-bracket">[</span>114<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Funding_and_Revenue">Funding and Revenue</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=9" title="Edit section: Funding and Revenue"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The initial development budget of Flipkart was <span class="nowrap"><span style="white-space: nowrap">₹</span>400,000</span> (US$4,600).<sup id="cite_ref-et_115-0" class="reference"><a href="#cite_note-et-115"><span class="cite-bracket">[</span>115<span class="cite-bracket">]</span></a></sup> It later raised funding from venture capital firms <a href="/wiki/Accel_(company)" title="Accel (company)">Accel India</a> (receiving US$1 million in funding in 2009)<sup id="cite_ref-116" class="reference"><a href="#cite_note-116"><span class="cite-bracket">[</span>116<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-117" class="reference"><a href="#cite_note-117"><span class="cite-bracket">[</span>117<span class="cite-bracket">]</span></a></sup> and <a href="/wiki/Tiger_Global_Management" title="Tiger Global Management">Tiger Global</a> (US$10 million in 2010 and US$20 million in June 2011).<sup id="cite_ref-118" class="reference"><a href="#cite_note-118"><span class="cite-bracket">[</span>118<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-119" class="reference"><a href="#cite_note-119"><span class="cite-bracket">[</span>119<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-120" class="reference"><a href="#cite_note-120"><span class="cite-bracket">[</span>120<span class="cite-bracket">]</span></a></sup> On 24 August 2012, Flipkart announced the completion of its 4th round of funding, netting a total of US$150 million from MIH (part of the <a href="/wiki/Naspers" title="Naspers">Naspers</a> Group) and <a href="/wiki/ICONIQ_Capital" title="ICONIQ Capital">ICONIQ Capital</a>. The company announced on 10 July 2013 that it had raised an additional US$200 million from existing investors, including Tiger Global, Naspers, <a href="/wiki/Accel_(company)" title="Accel (company)">Accel Partners</a> and Iconiq Capital.<sup id="cite_ref-121" class="reference"><a href="#cite_note-121"><span class="cite-bracket">[</span>121<span class="cite-bracket">]</span></a></sup> </p><p>Flipkart's reported sales were <span class="nowrap"><span style="white-space: nowrap">₹</span>40 million</span> (US$460,000) in the <a href="/wiki/Fiscal_year" title="Fiscal year">FY2008</a>–09,<sup id="cite_ref-bs_122-0" class="reference"><a href="#cite_note-bs-122"><span class="cite-bracket">[</span>122<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-123" class="reference"><a href="#cite_note-123"><span class="cite-bracket">[</span>123<span class="cite-bracket">]</span></a></sup> <span class="nowrap"><span style="white-space: nowrap">₹</span>200 million</span> (US$2.3 million) in the FY2009–10<sup id="cite_ref-124" class="reference"><a href="#cite_note-124"><span class="cite-bracket">[</span>124<span class="cite-bracket">]</span></a></sup> and <span class="nowrap"><span style="white-space: nowrap">₹</span>750 million</span> (US$8.7 million) in the FY2010–11.<sup id="cite_ref-bstandard_125-0" class="reference"><a href="#cite_note-bstandard-125"><span class="cite-bracket">[</span>125<span class="cite-bracket">]</span></a></sup> </p><p>Flipkart reported a loss of <span class="nowrap"><span style="white-space: nowrap">₹</span>2.81 billion</span> (US$32 million) for the FY2012–13.<sup id="cite_ref-126" class="reference"><a href="#cite_note-126"><span class="cite-bracket">[</span>126<span class="cite-bracket">]</span></a></sup> In July 2013, Flipkart raised US$160 million from <a href="/wiki/Private_equity" title="Private equity">private equity investors</a>.<sup id="cite_ref-127" class="reference"><a href="#cite_note-127"><span class="cite-bracket">[</span>127<span class="cite-bracket">]</span></a></sup> </p><p>In October 2013, it was reported that Flipkart had raised an additional US$160 million from new investors <a href="/wiki/Dragoneer_Investment_Group" title="Dragoneer Investment Group">Dragoneer Investment Group</a>, <a href="/wiki/Morgan_Stanley_Wealth_Management" title="Morgan Stanley Wealth Management">Morgan Stanley Wealth Management</a>, <a href="/wiki/Sofina" title="Sofina">Sofina</a> SA, and <a href="/wiki/Vulcan_Inc." class="mw-redirect" title="Vulcan Inc.">Vulcan Inc.</a>, with a share of the funding coming from existing investor Tiger Global.<sup id="cite_ref-128" class="reference"><a href="#cite_note-128"><span class="cite-bracket">[</span>128<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-129" class="reference"><a href="#cite_note-129"><span class="cite-bracket">[</span>129<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-130" class="reference"><a href="#cite_note-130"><span class="cite-bracket">[</span>130<span class="cite-bracket">]</span></a></sup> </p><p>On 26 May 2014, Flipkart announced that it had raised US$210 million from <a href="/wiki/Yuri_Milner" title="Yuri Milner">Yuri Milner</a>'s <a href="/wiki/DST_Global" title="DST Global">DST Global</a> and its existing investors Tiger Global, Naspers, and Iconiq Capital.<sup id="cite_ref-131" class="reference"><a href="#cite_note-131"><span class="cite-bracket">[</span>131<span class="cite-bracket">]</span></a></sup> </p><p>On 29 July 2014, Flipkart announced that it raised US$1 billion from Tiger Global, Accel Partners, Morgan Stanley Investment Management, and a new investor, Singaporean sovereign wealth fund <a href="/wiki/GIC_(sovereign_wealth_fund)" title="GIC (sovereign wealth fund)">GIC</a>.<sup id="cite_ref-132" class="reference"><a href="#cite_note-132"><span class="cite-bracket">[</span>132<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-133" class="reference"><a href="#cite_note-133"><span class="cite-bracket">[</span>133<span class="cite-bracket">]</span></a></sup> </p><p>In December 2014, after it received US$700 million from another round of funding, Flipkart had a market cap of US$11 billion.<sup id="cite_ref-134" class="reference"><a href="#cite_note-134"><span class="cite-bracket">[</span>134<span class="cite-bracket">]</span></a></sup> </p><p>On 20 December 2014, Flipkart announced its filing application with Singapore-based company regulator ACRA to become a public company. This announcement came after the company received US$700 million in long-term strategic investments from more than 50 Indian investors. The US$700 million in funding raised by Flipkart added new investors to the company's board, including Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates, and Qatar Investment Authority. Its existing investors DST Global, GIC, ICONIQ Capital and Tiger Global also participated in this financing round.<sup id="cite_ref-135" class="reference"><a href="#cite_note-135"><span class="cite-bracket">[</span>135<span class="cite-bracket">]</span></a></sup> As of May 2015<sup class="plainlinks noexcerpt noprint asof-tag update" style="display:none;"><a class="external text" href="https://en.wikipedia.org/w/index.php?title=Flipkart&action=edit">[update]</a></sup>, Flipkart had raised US$550 million in additional funding from its existing investors in a deal that raised its total valuation to US$15 billion.<sup id="cite_ref-136" class="reference"><a href="#cite_note-136"><span class="cite-bracket">[</span>136<span class="cite-bracket">]</span></a></sup> </p><p>By August 2015, after raising another US$700 million, Flipkart had raised a total of US$3 billion over 12 rounds of funding from 16 major investors.<sup id="cite_ref-137" class="reference"><a href="#cite_note-137"><span class="cite-bracket">[</span>137<span class="cite-bracket">]</span></a></sup> In April 2017, Flipkart underwent another round of funding, receiving US$1.4 billion in funding from investors including <a href="/wiki/EBay" title="EBay">eBay</a>, <a href="/wiki/Microsoft" title="Microsoft">Microsoft</a>, and <a href="/wiki/Tencent" title="Tencent">Tencent</a>.<sup id="cite_ref-138" class="reference"><a href="#cite_note-138"><span class="cite-bracket">[</span>138<span class="cite-bracket">]</span></a></sup> On 10 August 2017, <a href="/wiki/SoftBank_Vision_Fund" title="SoftBank Vision Fund">SoftBank Vision Fund</a> invested another US$2.5 billion in Flipkart.<sup id="cite_ref-139" class="reference"><a href="#cite_note-139"><span class="cite-bracket">[</span>139<span class="cite-bracket">]</span></a></sup> </p><p>On 19 September 2018, Flipkart Marketplace Singapore injected ₹3,463 crore into Flipkart Internet. The transaction was done in two tranches, according to regulatory filings.<sup id="cite_ref-140" class="reference"><a href="#cite_note-140"><span class="cite-bracket">[</span>140<span class="cite-bracket">]</span></a></sup> </p><p>In March 2021, it was reported that Flipkart was considering the possibility of going public through a merger with a <a href="/wiki/Special-purpose_acquisition_company" title="Special-purpose acquisition company">special-purpose acquisition company (SPAC)</a> to speed up its listing process in the United States.<sup id="cite_ref-141" class="reference"><a href="#cite_note-141"><span class="cite-bracket">[</span>141<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-142" class="reference"><a href="#cite_note-142"><span class="cite-bracket">[</span>142<span class="cite-bracket">]</span></a></sup> </p><p>In 2022, the organization started Flipkart Ventures and created a venture fund of $100 million to be invested in other 6 start-ups selected for Flipkart Leap Ahead, an accelerator program. Each start up will be given an equity investment of up to $500,000.<sup id="cite_ref-143" class="reference"><a href="#cite_note-143"><span class="cite-bracket">[</span>143<span class="cite-bracket">]</span></a></sup> Once the first cohort of Flipkart Leap was completed, the program was split in two distinct programs known as Flipkart Leap Ahead (FLA) and Flipkart Leap Innovation Network (FLIN).<sup id="cite_ref-144" class="reference"><a href="#cite_note-144"><span class="cite-bracket">[</span>144<span class="cite-bracket">]</span></a></sup> </p><p>The total revenue in 2022 was that of ₹43,357 crore was reported for the past fiscal year of 2020–2021. This was 25% more than its revenue in the fiscal year of 2020. The losses were reported to have reduced by 23% to ₹2,445 crore with total expenses of ₹45,801.<sup id="cite_ref-145" class="reference"><a href="#cite_note-145"><span class="cite-bracket">[</span>145<span class="cite-bracket">]</span></a></sup> </p><p>In May 2024, Google invested almost $350 million into Flipkart.<sup id="cite_ref-146" class="reference"><a href="#cite_note-146"><span class="cite-bracket">[</span>146<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Regulatory_action_and_lawsuits">Regulatory action and lawsuits</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=10" title="Edit section: Regulatory action and lawsuits"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In November 2012, the Indian <a href="/wiki/Enforcement_Directorate" title="Enforcement Directorate">Enforcement Directorate</a> began investigating Flipkart for alleged violations of the <a href="/wiki/Foreign_direct_investment" title="Foreign direct investment">foreign direct investment</a> regulations of the <a href="/wiki/Foreign_Exchange_Management_Act" title="Foreign Exchange Management Act">Foreign Exchange Management Act of 1999</a>.<sup id="cite_ref-147" class="reference"><a href="#cite_note-147"><span class="cite-bracket">[</span>147<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-148" class="reference"><a href="#cite_note-148"><span class="cite-bracket">[</span>148<span class="cite-bracket">]</span></a></sup> On 30 November 2012, Flipkart's offices were raided by the Enforcement Directorate. Documents and computer hard drives were seized by the agency.<sup id="cite_ref-149" class="reference"><a href="#cite_note-149"><span class="cite-bracket">[</span>149<span class="cite-bracket">]</span></a></sup> In August 2014, the Enforcement Directorate claimed that it had found Flipkart to be in violation of the Foreign Exchange Management Act.<sup id="cite_ref-150" class="reference"><a href="#cite_note-150"><span class="cite-bracket">[</span>150<span class="cite-bracket">]</span></a></sup> The <a href="/wiki/Delhi_High_Court" title="Delhi High Court">Delhi High Court</a> declared that several e-commerce firms, including Flipkart, had violated foreign investment regulations.<sup id="cite_ref-151" class="reference"><a href="#cite_note-151"><span class="cite-bracket">[</span>151<span class="cite-bracket">]</span></a></sup> </p><p>In January 2016, a public interest litigation hearing took place over Flipkart's alleged contravention of foreign investment norms. The court asked the <a href="/wiki/Reserve_Bank_of_India" title="Reserve Bank of India">Reserve Bank of India</a> to provide the latest circular on foreign investment policy.<sup id="cite_ref-152" class="reference"><a href="#cite_note-152"><span class="cite-bracket">[</span>152<span class="cite-bracket">]</span></a></sup> The same month, the Department of Industrial Policy and Promotion (DIPP) clarified that it did not recognise the marketplace model of online retail.<sup id="cite_ref-153" class="reference"><a href="#cite_note-153"><span class="cite-bracket">[</span>153<span class="cite-bracket">]</span></a></sup> In February 2016, Health Minister <a href="/wiki/J._P._Nadda" title="J. P. Nadda">J. P. Nadda</a> announced that the Maharashtra FDA had taken action against Flipkart, among others, for selling drugs without a valid license.<sup id="cite_ref-154" class="reference"><a href="#cite_note-154"><span class="cite-bracket">[</span>154<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Consumer_affairs">Consumer affairs</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=11" title="Edit section: Consumer affairs"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2022, a group of scammers was arrested by the police in Lucknow who used the platform to scam the customers. The scam included replacing the online ordered Apple products with bricks to cheat customers and company.<sup id="cite_ref-155" class="reference"><a href="#cite_note-155"><span class="cite-bracket">[</span>155<span class="cite-bracket">]</span></a></sup> Such scams have also been reported in the past where soaps were delivered instead of <a href="/wiki/IPhone" title="IPhone">IPhone</a> on Flipkart<sup id="cite_ref-156" class="reference"><a href="#cite_note-156"><span class="cite-bracket">[</span>156<span class="cite-bracket">]</span></a></sup> and also on Amazon.<sup id="cite_ref-157" class="reference"><a href="#cite_note-157"><span class="cite-bracket">[</span>157<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-158" class="reference"><a href="#cite_note-158"><span class="cite-bracket">[</span>158<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Flipkart_Video">Flipkart Video</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=12" title="Edit section: Flipkart Video"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Flipkart launched an in-app streaming service called <a href="/wiki/Flipkart_Video" title="Flipkart Video">Flipkart Video</a> in August 2019, so as to compete with industry rivals like <a href="/wiki/Amazon_(company)" title="Amazon (company)">Amazon</a> who were also offering <a href="/wiki/Amazon_Prime_Video" title="Amazon Prime Video">premium video</a> options. The initial line up of content was curated from the service providers like <a href="/wiki/Viu_(streaming_service)" title="Viu (streaming service)">Viu</a>, <a href="/wiki/Voot" title="Voot">Voot</a> and <a href="/wiki/The_Viral_Fever" title="The Viral Fever">TVF</a>.<sup id="cite_ref-fv_159-0" class="reference"><a href="#cite_note-fv-159"><span class="cite-bracket">[</span>159<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-fv2_160-0" class="reference"><a href="#cite_note-fv2-160"><span class="cite-bracket">[</span>160<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Flipkart_Video_Originals">Flipkart Video Originals</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=13" title="Edit section: Flipkart Video Originals"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>To strengthen its content offering on Flipkart Video, Flipkart forayed into original content production, known as Flipkart Video Originals. The first show was launched on 19 October 2019. Named <i><a href="/wiki/Back_Benchers" title="Back Benchers">Back Benchers</a></i>, it was a <a href="/wiki/Hindi_cinema" title="Hindi cinema">Bollywood</a> celebrity quiz show hosted by <a href="/wiki/Farah_Khan" title="Farah Khan">Farah Khan</a>.<sup id="cite_ref-backbenchers_161-0" class="reference"><a href="#cite_note-backbenchers-161"><span class="cite-bracket">[</span>161<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-162" class="reference"><a href="#cite_note-162"><span class="cite-bracket">[</span>162<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Criticism">Criticism</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=14" title="Edit section: Criticism"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On 13 September 2014, a Flipkart deliveryman allegedly molested a housemaid in <a href="/wiki/Hyderabad" title="Hyderabad">Hyderabad</a>.<sup id="cite_ref-163" class="reference"><a href="#cite_note-163"><span class="cite-bracket">[</span>163<span class="cite-bracket">]</span></a></sup> The housemaid's employer sued Flipkart for this incident, citing the need for regulations to make offline delivery services safer.<sup id="cite_ref-164" class="reference"><a href="#cite_note-164"><span class="cite-bracket">[</span>164<span class="cite-bracket">]</span></a></sup> </p><p>In 2014, competitors such as <a href="/wiki/Future_Group" title="Future Group">Future Group</a> (owner of retail chain <a href="/wiki/Smart_Bazaar" title="Smart Bazaar">Big Bazaar</a> at that time) filed complaints with India's <a href="/wiki/Ministry_of_Commerce_and_Industry_(India)" title="Ministry of Commerce and Industry (India)">Ministry of Commerce and Industry</a>, alleging that Flipkart's Big Billion Days discounts undercut prices in a manner predatory to other retailers. The ministry stated that it would look into the complaints.<sup id="cite_ref-165" class="reference"><a href="#cite_note-165"><span class="cite-bracket">[</span>165<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-166" class="reference"><a href="#cite_note-166"><span class="cite-bracket">[</span>166<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-167" class="reference"><a href="#cite_note-167"><span class="cite-bracket">[</span>167<span class="cite-bracket">]</span></a></sup> </p><p>In April 2015, Flipkart faced criticism for being a launch partner in the <a href="/wiki/Airtel_Zero" title="Airtel Zero">Airtel Zero</a> program. Critics alleged that the <a href="/wiki/Zero-rating" title="Zero-rating">zero-rating</a> scheme violated the principles of <a href="/wiki/Net_neutrality" title="Net neutrality">net neutrality</a>. Flipkart later pulled out of the project.<sup id="cite_ref-168" class="reference"><a href="#cite_note-168"><span class="cite-bracket">[</span>168<span class="cite-bracket">]</span></a></sup> </p><p>In 2015, around 400 delivery executives working with <a href="/wiki/Ekart" title="Ekart">eKart</a>, the logistics arm of Flipkart, went <a href="/wiki/Strike_action" title="Strike action">on strike</a> to protest poor working conditions. Complaints included seven-day workweeks, extended hours, and a lack of clean toilets and medical assistance for bike riders involved in accidents.<sup id="cite_ref-169" class="reference"><a href="#cite_note-169"><span class="cite-bracket">[</span>169<span class="cite-bracket">]</span></a></sup> In 2016, delivery executive Nanjunda Swamy was allegedly murdered by a customer who did not have enough money to pay for a product.<sup id="cite_ref-170" class="reference"><a href="#cite_note-170"><span class="cite-bracket">[</span>170<span class="cite-bracket">]</span></a></sup> In response, Flipkart launched a safety initiative -'Project Nanjunda', named after the deceased executive. This included an SOS button in the mobile app (called the Nanjunda button) that could be used by field executives in case of emergencies.<sup id="cite_ref-171" class="reference"><a href="#cite_note-171"><span class="cite-bracket">[</span>171<span class="cite-bracket">]</span></a></sup> </p><p>Vendors on Flipkart have faced several challenges while doing business on the company's marketplace, to the extent that some of them have quit the portal. Some of these challenges include Flipkart's alleged unfair policies towards sellers, the lack of a competent logistics service, and customer returns that are a result of <a href="/wiki/Consumer_fraud" title="Consumer fraud">consumer fraud</a>.<sup id="cite_ref-172" class="reference"><a href="#cite_note-172"><span class="cite-bracket">[</span>172<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Awards_and_recognition">Awards and recognition</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=15" title="Edit section: Awards and recognition"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Sachin_Bansal" title="Sachin Bansal">Sachin Bansal</a> was awarded Entrepreneur of the Year, 2012–13 from <i><a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a></i>, a leading Indian economic daily newspaper.<sup id="cite_ref-173" class="reference"><a href="#cite_note-173"><span class="cite-bracket">[</span>173<span class="cite-bracket">]</span></a></sup></li> <li>In September 2015, the two founders entered <a href="/wiki/Forbes_India%27s_richest_Indian_by_year" title="Forbes India's richest Indian by year"><i>Forbes India</i><span class="nowrap" style="padding-left:0.1em;">'s</span> richest Indian by year</a>, debuting in the 86th position with a net worth of US$1.3 billion each.<sup id="cite_ref-174" class="reference"><a href="#cite_note-174"><span class="cite-bracket">[</span>174<span class="cite-bracket">]</span></a></sup></li> <li>In April 2016, Sachin and <a href="/wiki/Binny_Bansal" title="Binny Bansal">Binny Bansal</a> were named to <i><a href="/wiki/Time_(magazine)" title="Time (magazine)">Time</a></i> magazine's annual list of the <a href="/wiki/Time_100" title="Time 100">100 Most Influential People in the World</a>.<sup id="cite_ref-175" class="reference"><a href="#cite_note-175"><span class="cite-bracket">[</span>175<span class="cite-bracket">]</span></a></sup></li> <li>Flipkart was reported to be at the top in the annual Fairwork India Ratings 2021 - which is a 10-point system that creates a score based on fair pay, conditions, contracts, management, and representation.<sup id="cite_ref-176" class="reference"><a href="#cite_note-176"><span class="cite-bracket">[</span>176<span class="cite-bracket">]</span></a></sup> A total of 11 platforms were evaluated by a consortium of the Centre for IT and Public Policy (CITAPP), International <a href="/wiki/International_Institute_of_Information_Technology,_Bangalore" class="mw-redirect" title="International Institute of Information Technology, Bangalore">IIIT Bangalore</a> and the global Fairwork network. The methodology included qualitative interviews with 19-20 workers in Delhi and Bangalore.<sup id="cite_ref-177" class="reference"><a href="#cite_note-177"><span class="cite-bracket">[</span>177<span class="cite-bracket">]</span></a></sup></li></ul> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=16" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/E-commerce_in_India" title="E-commerce in India">E-commerce in India</a></li> <li><a href="/wiki/Online_shopping" title="Online shopping">Online shopping</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Flipkart&action=edit&section=17" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://economictimes.indiatimes.com/small-biz/startups/former-tiger-global-executive-kalyan-krishnamurthy-to-be-flipkarts-new-ceo/articleshow/56424429.cms">"Kalyan Krishnamurthy to be Flipkart's new CEO; Sachin Bansal to remain group chairman"</a>. <i><a href="/wiki/The_Economic_Times" title="The Economic Times">The Economic Times</a></i>. 10 January 2017.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=The+Economic+Times&rft.atitle=Kalyan+Krishnamurthy+to+be+Flipkart%27s+new+CEO%3B+Sachin+Bansal+to+remain+group+chairman&rft.date=2017-01-10&rft_id=https%3A%2F%2Feconomictimes.indiatimes.com%2Fsmall-biz%2Fstartups%2Fformer-tiger-global-executive-kalyan-krishnamurthy-to-be-flipkarts-new-ceo%2Farticleshow%2F56424429.cms&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFlipkart" class="Z3988"></span></span> </li> <li id="cite_note-Business_Today-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-Business_Today_2-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.businesstoday.in/technology/news/story/flipkart-layoffs-company-plans-to-fire-1100-1500-employees-says-report-412232-2024-01-08">"Flipkart layoffs: Company plans to fire 1,100-1,500 employees, says report"</a>. <i><a href="/wiki/Business_Today_(India)" title="Business Today (India)">Business Today</a></i>. 8 January 2024<span class="reference-accessdate">. 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Retrieved <span class="nowrap">24 September</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Firstpost&rft.atitle=Forbes+India+rich+list%3A+Mukesh+Ambani+tops+for+9th+year%2C+Flipkart%27s+Bansals+debut+at+86th+slot&rft.date=2015-09-24&rft_id=http%3A%2F%2Fwww.firstpost.com%2Fbusiness%2Fflipkart-co-founders-sachin-and-binny-bansal-enter-forbes-billionaires-list-2443866.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFlipkart" class="Z3988"></span></span> </li> <li id="cite_note-175"><span class="mw-cite-backlink"><b><a href="#cite_ref-175">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://time.com/4300001/binny-bansal-and-sachin-bansal-2016-time-100/">"Time 100 Titans – Binny Bansal and Sachin Bansal"</a>, <i><a href="/wiki/Time_(magazine)" title="Time (magazine)">Time</a></i>, 21 April 2016</span> </li> <li id="cite_note-176"><span class="mw-cite-backlink"><b><a href="#cite_ref-176">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.financialexpress.com/industry/ola-uber-score-poorly-in-gig-work-conditions-flipkart-tops-the-chart-fairwork-ratings/2393621/">"Ola, Uber score poorly in gig-work conditions, Flipkart tops the chart: Fairwork Ratings"</a>. <i>Financialexpress</i>. 30 December 2021<span class="reference-accessdate">. Retrieved <span class="nowrap">8 October</span> 2022</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Financialexpress&rft.atitle=Ola%2C+Uber+score+poorly+in+gig-work+conditions%2C+Flipkart+tops+the+chart%3A+Fairwork+Ratings&rft.date=2021-12-30&rft_id=https%3A%2F%2Fwww.financialexpress.com%2Findustry%2Fola-uber-score-poorly-in-gig-work-conditions-flipkart-tops-the-chart-fairwork-ratings%2F2393621%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AFlipkart" class="Z3988"></span></span> </li> <li id="cite_note-177"><span class="mw-cite-backlink"><b><a href="#cite_ref-177">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.newindianexpress.com/business/2021/dec/30/flipkart-tops-fairworkindex-for-gig-workers-ola-and-uber-come-with-zero-score-2401216.html">"Flipkart tops Fairwork index for gig workers; Ola and Uber come with zero score"</a>. <i>The New Indian Express</i>. 30 December 2021<span class="reference-accessdate">. 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id="Walmart128" style="font-size:114%;margin:0 4em"><a href="/wiki/Walmart" title="Walmart">Walmart</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/Walton_family" title="Walton family">Walton family</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">1st generation</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Sam_Walton" title="Sam Walton">Sam Walton</a></li> <li><a href="/wiki/Helen_Walton" title="Helen Walton">Helen Walton</a></li> <li><a href="/wiki/Bud_Walton" title="Bud Walton">James "Bud" Walton</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">2nd generation</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/S._Robson_Walton" title="S. Robson Walton">S. Robson Walton</a></li> <li><a href="/wiki/John_T._Walton" title="John T. Walton">John T. Walton</a></li> <li><a href="/wiki/Christy_Walton" title="Christy Walton">Christy Walton</a></li> <li><a href="/wiki/Jim_Walton" title="Jim Walton">Jim Walton</a></li> <li><a href="/wiki/Alice_Walton" title="Alice Walton">Alice Walton</a></li> <li><a href="/wiki/Ann_Walton_Kroenke" title="Ann Walton Kroenke">Ann Walton Kroenke</a></li> <li><a href="/wiki/Nancy_Walton_Laurie" title="Nancy Walton Laurie">Nancy Walton Laurie</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">3rd generation</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Lukas_Walton" title="Lukas Walton">Lukas Walton</a></li> <li><a href="/wiki/Whitney_Ann_Kroenke" title="Whitney Ann Kroenke">Whitney Ann Kroenke</a></li> <li><a href="/wiki/Josh_Kroenke" title="Josh Kroenke">Josh Kroenke</a></li> <li><a href="/wiki/Carrie_Walton_Penner" title="Carrie Walton Penner">Carrie Walton Penner</a></li> <li><a href="/wiki/Nancy_Walton_Laurie" title="Nancy Walton Laurie">Elizabeth Paige Laurie</a></li></ul> </div></td></tr></tbody></table><div></div></td><td class="noviewer navbox-image" rowspan="8" style="width:1px;padding:0 0 0 2px"><div><span typeof="mw:File"><a href="/wiki/File:Walmart_logo_(2025).svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Walmart_logo_%282025%29.svg/140px-Walmart_logo_%282025%29.svg.png" decoding="async" width="140" height="25" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Walmart_logo_%282025%29.svg/210px-Walmart_logo_%282025%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Walmart_logo_%282025%29.svg/280px-Walmart_logo_%282025%29.svg.png 2x" data-file-width="512" data-file-height="93" /></a></span></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Chairmen</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Sam_Walton" title="Sam Walton">Sam Walton</a></li> <li><a href="/wiki/S._Robson_Walton" title="S. Robson Walton">S. Robson Walton</a></li> <li><a href="/wiki/Greg_Penner" title="Greg Penner">Greg Penner</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">President/CEO</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Sam_Walton" title="Sam Walton">Sam Walton</a></li> <li><a href="/wiki/David_Glass_(businessman)" title="David Glass (businessman)">David Glass</a></li> <li><a href="/wiki/Lee_Scott_(businessman)" title="Lee Scott (businessman)">Lee Scott</a></li> <li><a href="/wiki/Mike_Duke" title="Mike Duke">Mike Duke</a></li> <li><a href="/wiki/Doug_McMillon" title="Doug McMillon">Doug McMillon</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former execs</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Marc_Lore" title="Marc Lore">Marc Lore</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Current assets</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">North America</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Walmart_Labs" title="Walmart Labs">Walmart Labs</a></li> <li><a href="/wiki/Amigo_Supermarkets" title="Amigo Supermarkets">Amigo Supermarkets</a></li> <li><a href="/wiki/Sam%27s_Club" title="Sam's Club">Sam's Club</a></li> <li><a href="/wiki/Walmart_Canada" title="Walmart Canada">Walmart Canada</a></li> <li><a href="/wiki/Hayneedle" title="Hayneedle">Hayneedle</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bodega_Aurrer%C3%A1" title="Bodega Aurrerá">Bodega Aurrerá</a></li> <li><a href="/wiki/Bompre%C3%A7o" title="Bompreço">Bompreço</a></li> <li><a class="mw-selflink selflink">Flipkart</a></li> <li><a href="/wiki/Massmart" title="Massmart">Massmart</a></li> <li><a href="/wiki/Seiyu_Group" title="Seiyu Group">Seiyu</a></li> <li><a href="/wiki/L%C3%ADder" title="Líder">Líder</a></li> <li><a href="/wiki/Walmart_de_M%C3%A9xico_y_Centroam%C3%A9rica" title="Walmart de México y Centroamérica">Walmart de México y Centroamérica</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/List_of_Walmart_brands" title="List of Walmart brands">Brands</a></th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Sam%27s_Choice" title="Sam's Choice">Sam's Choice</a></li> <li><a href="/wiki/White_Stag_(clothing)" title="White Stag (clothing)">White Stag</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former assets</th><td class="navbox-list-with-group navbox-list navbox-even hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Asda" title="Asda">Asda</a> <ul><li><a href="/wiki/Asda_Mobile" title="Asda Mobile">Asda Mobile</a></li></ul></li> <li><a href="/wiki/Bare_Necessities_(company)" title="Bare Necessities (company)">Bare Necessities</a></li> <li><a href="/wiki/Bonobos_(apparel)" title="Bonobos (apparel)">Bonobos</a></li> <li><a href="/wiki/Hypermart_USA" title="Hypermart USA">Hypermart USA</a></li> <li><a href="/wiki/Jet.com" title="Jet.com">Jet.com</a></li> <li><a href="/wiki/Marketside" title="Marketside">Marketside</a></li> <li><a href="/wiki/M%C3%A1s_Club" title="Más Club">Más Club</a></li> <li><a href="/wiki/ModCloth" title="ModCloth">ModCloth</a></li> <li><a href="/wiki/Moosejaw" title="Moosejaw">Moosejaw</a></li> <li><a href="/wiki/Shoes.com" title="Shoes.com">Shoes.com</a></li> <li><a href="/wiki/Vudu" class="mw-redirect" title="Vudu">Vudu</a></li> <li><a href="/wiki/Yihaodian" title="Yihaodian">Yihaodian</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Related</th><td class="navbox-list-with-group navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li>Shootings <ul><li><a href="/wiki/2014_Las_Vegas_shootings" title="2014 Las Vegas shootings">Las Vegas, Nevada</a> (2014)</li> <li><a href="/wiki/Killing_of_John_Crawford_III" title="Killing of John Crawford III">Beavercreek, Ohio</a> (2014)</li> <li><a href="/wiki/Thornton_shooting" title="Thornton shooting">Thornton, Colorado</a> (2017)</li> <li><a href="/wiki/2019_El_Paso_shooting" class="mw-redirect" title="2019 El Paso shooting">El Paso, Texas</a> (2019)</li> <li><a href="/wiki/2022_Chesapeake_shooting" title="2022 Chesapeake shooting">Chesapeake, Virginia</a> (2022)</li></ul></li> <li><a href="/wiki/Criticism_of_Walmart" title="Criticism of Walmart">Criticism of Walmart</a></li> <li><i><a href="/wiki/Wal-Mart:_The_High_Cost_of_Low_Price" title="Wal-Mart: The High Cost of Low Price">Wal-Mart: The High Cost of Low Price</a></i></li> <li><i><a href="/wiki/People_of_Walmart" title="People of Walmart">People of Walmart</a></i></li> <li><a href="/wiki/History_of_Walmart" title="History of Walmart">History of Walmart</a></li> <li><a href="/wiki/List_of_assets_owned_by_Walmart" title="List of assets owned by Walmart">List of assets owned by Walmart</a></li> <li><i><a href="/wiki/Why_Wal-Mart_Works;_and_Why_That_Drives_Some_People_C-R-A-Z-Y" title="Why Wal-Mart Works; and Why That Drives Some People C-R-A-Z-Y">Why Wal-Mart Works; and Why That Drives Some People C-R-A-Z-Y</a></i></li> <li><a href="/wiki/Walmart_greeter" title="Walmart greeter">Walmart greeter</a></li> <li><a href="/wiki/Walmarting" title="Walmarting">Walmarting</a></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"></div><div role="navigation" class="navbox" aria-labelledby="Major_Internet_companies159" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Major_Internet_companies" title="Template:Major Internet companies"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Major_Internet_companies" title="Template talk:Major Internet companies"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Major_Internet_companies" title="Special:EditPage/Template:Major Internet companies"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Major_Internet_companies159" style="font-size:114%;margin:0 4em">Major <a href="/wiki/Internet" title="Internet">Internet</a> companies</div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div>Companies with an annual revenue of over US$4 billion</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/List_of_largest_Internet_companies" title="List of largest Internet companies">Internet </a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Adobe_Inc." title="Adobe Inc.">Adobe</a></li> <li><a href="/wiki/Alibaba_Group" title="Alibaba Group">Alibaba</a></li> <li><a href="/wiki/Alphabet_Inc." title="Alphabet Inc.">Alphabet</a> <ul><li><a href="/wiki/Google" title="Google">Google</a></li></ul></li> <li><a href="/wiki/Amazon_(company)" title="Amazon (company)">Amazon</a></li> <li><a href="/wiki/Apple_Inc." title="Apple Inc.">Apple</a></li> <li><a href="/wiki/Baidu" title="Baidu">Baidu</a></li> <li><a href="/wiki/IAC_(company)" class="mw-redirect" title="IAC (company)">IAC</a></li> <li><a href="/wiki/Kakao" title="Kakao">Kakao</a></li> <li><a href="/wiki/Meituan" title="Meituan">Meituan</a></li> <li><a href="/wiki/Meta_Platforms" title="Meta Platforms">Meta</a> <ul><li><a href="/wiki/Facebook" title="Facebook">Facebook</a></li></ul></li> <li><a href="/wiki/Microsoft" title="Microsoft">Microsoft</a></li> <li><a href="/wiki/Naver_Corporation" title="Naver Corporation">Naver</a></li> <li><a href="/wiki/NetEase" title="NetEase">NetEase</a></li> <li><a href="/wiki/Tencent" title="Tencent">Tencent</a></li> <li><a href="/wiki/Yandex" title="Yandex">Yandex</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Cloud computing</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Akamai_Technologies" title="Akamai Technologies">Akamai</a></li> <li><a href="/wiki/Alibaba_Cloud" title="Alibaba Cloud">Alibaba Cloud</a></li> <li><a href="/wiki/Amazon_Web_Services" title="Amazon Web Services">AWS</a></li> <li><a href="/wiki/ICloud" title="ICloud">Apple iCloud</a></li> <li><a href="/wiki/Google_Cloud_Platform" title="Google Cloud Platform">Google</a></li> <li><a href="/wiki/IBM_Cloud" title="IBM Cloud">IBM</a></li> <li><a href="/wiki/Microsoft_Azure" title="Microsoft Azure">Microsoft Azure</a></li> <li><a href="/wiki/Oracle_Corporation" title="Oracle Corporation">Oracle Corporation</a></li> <li><a href="/wiki/Salesforce" title="Salesforce">Salesforce</a></li> <li><a href="/wiki/SAP" title="SAP">SAP</a></li> <li><a href="/wiki/ServiceNow" title="ServiceNow">ServiceNow</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">E-commerce</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Amazon_(company)" title="Amazon (company)">Amazon.com</a></li> <li><a href="/wiki/Apple_Inc." title="Apple Inc.">Apple</a></li> <li><a href="/wiki/Booking_Holdings" title="Booking Holdings">Booking Holdings</a></li> <li><a href="/wiki/Coupang" title="Coupang">Coupang</a></li> <li><a href="/wiki/EBay" title="EBay">eBay</a></li> <li><a href="/wiki/Expedia" title="Expedia">Expedia</a></li> <li><a class="mw-selflink selflink">Flipkart</a></li> <li><a href="/wiki/Groupon" title="Groupon">Groupon</a></li> <li><a href="/wiki/JD.com" title="JD.com">JD.com</a></li> <li><a href="/wiki/Lazada_Group" class="mw-redirect" title="Lazada Group">Lazada</a></li> <li><a href="/wiki/Mercado_Libre" title="Mercado Libre">Mercado Libre</a></li> <li><a href="/wiki/Rakuten" title="Rakuten">Rakuten</a></li> <li><a href="/wiki/Shopee" title="Shopee">Shopee</a></li> <li><a href="/wiki/Shopify" title="Shopify">Shopify</a></li> <li><a href="/wiki/Suning.com" title="Suning.com">Suning.com</a></li> <li><a href="/wiki/Trip.com" title="Trip.com">Trip.com</a></li> <li><a href="/wiki/Uber" title="Uber">Uber</a></li> <li><a href="/wiki/Wayfair" title="Wayfair">Wayfair</a></li> <li><a href="/wiki/Zalando" title="Zalando">Zalando</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bloomberg_L.P." title="Bloomberg L.P.">Bloomberg</a></li> <li><a href="/wiki/BuzzFeed" title="BuzzFeed">BuzzFeed</a></li> <li><a href="/wiki/ByteDance" title="ByteDance">ByteDance</a></li> <li><a href="/wiki/Kuaishou" title="Kuaishou">Kuaishou</a></li> <li><a href="/wiki/Netflix,_Inc." title="Netflix, Inc.">Netflix</a></li> <li><a href="/wiki/Paramount_Streaming" title="Paramount Streaming">Paramount Streaming</a></li> <li><a href="/wiki/Spotify" title="Spotify">Spotify</a></li> <li><a href="/wiki/Warner_Bros._Discovery" title="Warner Bros. Discovery">Warner Bros. Discovery</a></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐7dfdf5498‐n6zgt Cached time: 20250220113652 Cache expiry: 735796 Reduced expiry: true Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 1.850 seconds Real time usage: 2.017 seconds Preprocessor visited node count: 11672/1000000 Post‐expand include size: 382193/2097152 bytes Template argument size: 7807/2097152 bytes Highest expansion depth: 28/100 Expensive parser function count: 7/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 637735/5000000 bytes Lua time usage: 1.169/10.000 seconds Lua memory usage: 7728258/52428800 bytes Lua Profile: ? 280 ms 23.0% MediaWiki\Extension\Scribunto\Engines\LuaSandbox\LuaSandboxCallback::callParserFunction 200 ms 16.4% type 80 ms 6.6% <mw.lua:694> 80 ms 6.6% dataWrapper <mw.lua:672> 80 ms 6.6% MediaWiki\Extension\Scribunto\Engines\LuaSandbox\LuaSandboxCallback::getAllExpandedArguments 60 ms 4.9% MediaWiki\Extension\Scribunto\Engines\LuaSandbox\LuaSandboxCallback::lc 40 ms 3.3% makeMessage <mw.message.lua:76> 40 ms 3.3% date 40 ms 3.3% MediaWiki\Extension\Scribunto\Engines\LuaSandbox\LuaSandboxCallback::gsub 40 ms 3.3% [others] 280 ms 23.0% Number of Wikibase entities loaded: 1/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 1782.570 1 -total 61.45% 1095.470 1 Template:Reflist 35.20% 627.503 103 Template:Cite_web 20.02% 356.941 72 Template:Cite_news 12.08% 215.295 1 Template:Infobox_company 11.20% 199.583 1 Template:Infobox 6.09% 108.627 6 Template:Navbox 5.41% 96.471 1 Template:Flipkart 4.52% 80.568 1 Template:Short_description 3.18% 56.688 2 Template:Citation_needed --> <!-- Saved in parser cache with key enwiki:pcache:28430970:|#|:idhash:canonical and timestamp 20250220113652 and revision id 1272124781. 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