Flipkart - Wikipedia
WEBThe 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 Ekart (the internal logistics arm that can be used by other e-commerce players).
Sachin Bansal - Wikipedia
WEBFlipkart. In October 2007, Bansal and his co-founder, Binny Bansal, started an online bookstore, Flipkart, with an initial capital of ₹4,00,000 (4 Lakh Rupees or US$5,600). [11] They first started operating out of an apartment in Koramangala, in Bangalore, India.
Why did Walmart buy India's Flipkart? - BBC
WEBMay 10, 2018 · Global retail giant Walmart has paid $16bn (£11.8bn) for a majority stake in Flipkart, India's biggest online retailer, making this the world's largest ever e-commerce acquisition.
Walmart buys 77% stake in Flipkart: Key reasons why the mega …
WEBWalmart acquired a 77% holding in Flipkart Group for $16 billion in the world’s biggest e-commerce deal.
Walmart’s Acquisition of Flipkart: Emerging Paradigm of the …
WEBDec 18, 2019 · In a comprehensive deal involving the founders of Flipkart (Bansal & Bansal, 2016), investors into Flipkart (Tencent Holdings Limited, Tiger Global Management LLC, and Soft Bank), Walmart announced its intention to acquire 77 per cent of Flipkart at an aggregate sum of US$16 billion.
Binny Bansal: How I sold Flipkart to Walmart for $16 billion
WEBMay 21, 2019 · In May of last year, the 37-year-old entrepreneurs sold a majority stake in their Indian shopping site, Flipkart, to U.S. retail giant Walmart for a record-breaking $16 billion.
Walmart takes over Flipkart for $16 billion; Sachin Bansal to exit
WEBMay 9, 2018 · Walmart Inc has signed definitive agreements to become the largest shareholder in the Flipkart Group, in a transaction that values Flipkart at $20.8 billion (around Rs 1.4 lakh crore).
Walmart pays $3.5B to increase stake in India’s Flipkart
WEBSep 2, 2023 · Walmart’s ownership in Flipkart now stands at about 80%. Some of the investors who sold their stakes in Flipkart this year include Tiger Global, Accel and Flipkart co-founder Binny Bansal, an...
Walmart's Flipkart raises fresh funds for $38 billion valuation as …
WEBJul 12, 2021 · Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp (9984.T) as an investor in a $3.6 billion funding round, doubling the Indian online retailer's valuation to $37.6 billion...
Walmart’s Flipkart Raises Funding at $37.6 Billion Valuation
WEBJul 12, 2021 · Flipkart completed a fundraising round valuing the Indian online retailer at $37.6 billion, with main owner Walmart Inc. joining investors including SoftBank Group Corp. in injecting $3.6...