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  2. Flipkart blitzes into India’s 10-minute quick commerce battle

    techcrunch.com/2024/08/05/flipkart-blitzes-into...

    Flipkart has started to roll out Flipkart Minutes, its quick commerce service, in parts of Bengaluru. The new service offers customers the ability to have a wide range of items, from grocery to ...

  3. Flipkart - Wikipedia

    en.wikipedia.org/wiki/Flipkart

    Flipkart was founded in October 2007 in Bangalore [ 11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12][ 13][ 14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.

  4. Google invests $350M in Indian e-commerce giant Flipkart

    techcrunch.com/2024/05/24/google-invests-350...

    The Google investment is part of a nearly $1 billion funding round that Flipkart kicked off in 2023. Walmart has led the round, having invested $600 million in it late last year. (Microsoft is ...

  5. Flipkart valued at $37.6 billion in new $3.6 billion fundraise

    techcrunch.com/2021/07/11/flipkart-valued-at-37...

    Image Credits: Manish Singh / TechCrunch. Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the ...

  6. E-commerce in India - Wikipedia

    en.wikipedia.org/wiki/E-commerce_in_India

    India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...

  7. Binny Bansal - Wikipedia

    en.wikipedia.org/wiki/Binny_Bansal

    Known for. Co-founder, former chairman and CEO, Flipkart [ 2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [ 2][ 3] Internet entrepreneur. [ 3] As of February 2024, his net worth was estimated at US$1.4 billion. [ 1] In 2007 he co-founded the e-commerce platform Flipkart. [ 4][ 5] He was the chief operating ...

  8. Flipkart and PhonePe could be $100 billion businesses in ...

    www.aol.com/news/flipkart-phonepe-could-100...

    Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an ...

  9. India's Flipkart readies quick-commerce play | TechCrunch

    techcrunch.com/2024/03/06/india-flipkart-readies...

    We estimate quick-commerce GMV to grow to $6.2 billion by 2025.”. Indian news outlet Entrackr first reported some of the details of Flipkart’s instant commerce play Thursday. “At Flipkart ...

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