JUST STARTED WITH AN INVESTMENT OF 4 LAKHS,IT HAS PRODUCE A $100 MILLION REVENUE AND BECOME A ONLINE RETAIL MAMMOTH IN JUST HALF A DECADE.
“Now thats what i call a performance” made by this website breaking all records.
As we all know that that flipkart is one of the most trusted Online Shopping site in india and produce largest revenue
as an indian site.
flipkart was founded and started by 2 Ex IITians Mr.Sachin Bansal right of the image and Mr.Binny Bansal now Known as Bansal brother’s and both were initially employees at amazon.com.
Milestone Achieve:-
2007 Flipkart founded by bansal’s brother both are Ex IITians.
2008 Initial investment of 4 lakh rupees by them.
2009 Receive first tranche of 50 lakh venture capital funding from Accel partners.
2010 Tiger Global Management a private equity player infuses $10 million.
2011 CAGR of 700% year on year.
2012 set to shore in $100 million in revenue.
2013 Planing to cross $1 billion mark in revenue.
AT ITS GLANCE:-
1 As per Alexa ranking,Ranks in top 30 country websites.
2 More than 9 million book titles to chose form customer base,
30,000 shipment on daily bases.
STAKE HOLDERS:-
-Mime 360
-chakpak.com
-letsbuy.com
AIM:-
To achieve revenur target of $1 billion by 2015.
Great share … Wasn’t aware of this ! 100 million USD revenue with 4 lakhs investment !
Truly Awesome …
Thanx for appreciating my post
http://www.techclap.com/9627/root-motorola-droid-2-global-android-2-2-2-3-firmware/
Flipcart is best for India. But is you have post related to other country
thanx for your comment and i will post regarding to your comment
I ordered a item worth 1300 from Flipkart. Got the item on 3rd day. That too on saturday. These guys are really committed. I do not need to follow up. They themselves have delivered the
product in person. Package was packed nicely and the product is original and Genuine.
I will recommend it to friends.
Please guys, do not underestimate Flipkart store if the product is not delivered within the mentioned days. They are good and your money is safe.
Flipkart is really best suitable for India.
.
But fact is i never buy anything online except Domain
Thanks for share.
Thanx for your comment Amit
really impressive stats… thnx fr sharing it!!!
It’s really looking impressive that 10 lakh rupees investment will help you great but I heard first time about Flipcart.
Thanx for your appreciation.
thaxx for writing this awesome artical………
i believe it fairly easy for them to achieve 1billion mark as Indian consumer market is so huge.. 700% growth with 4lakh business capital is tremendous achievement
thanks for sharing this information
thanx for your comment sir and you are absolutely right regarding indian market.
Wow..!! That great info. It would be an encouraging article for all students who are jobless and searching for job. Entrepreneurs should be developed like this.
Awesome info, thanks for sharing this and you forgot to add that Filpkart acquired Letsbuy…