Flipkart

Flipk dodge was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of utilize science Delhi. They worked for Amazon.com before quitting and founding their own connection. ab initio they utilize term of mouth marketing to popularise their company. A a few(prenominal) months later, the company sold its first discussion on flipkart.com seat Woods loss Microsoft to Change the World.[5] Today, as per Alexa traffic rankings, Flipkart is among the top 20 Indian Web sites and has been credited with being Indias largest online bookseller[5] with everywhere 11 one thousand thousand titles on offer. Flipkart broke crimson in March 2010 and claims to pull in had at least 100% growth every pull since its founding.[citation needed] The store started with permutation books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, electronic computers, computer accessories and peripherals, and in 2011, pens & stationery , other electronic items such as firm appliances, kitchen appliances, personal armorial bearing gadgets, health care products etc. Further in 2012, Flipkart added A.C, air coolers, school supplies, tycoon supplies, art supplies & life style products to its product portfolio.[6] As of today, Flipkart employs over 4500 passel.

[7] [edit]Funding Initially funded by the Bansals themselves with 400,000,[5][8] Flipkart has since then raised funding from guess not bad(p) funds Accel India in 2009[quantify][9] and Tiger Global (US$10 million in 2010 and US$20 million in June 2011).[10][11][12] Flipkart.com, on August 24, 20 12 announced the completion of its 4th tour! of $ one hundred fifty million funding from MIH (part of Naspers Group) and ICONIQ Capital. [13] [edit]Acquisitions 2010: WeRead, a kind book denudation tool.[14] The stated goal was to give Flipkart a social testimonial platform for buyers to make informed decisions based on recommendations from people within their social network. 2011: Mime360, a digital satiate platform company.[15] 2011: Chakpak.com is a Bollywood news site...If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com

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