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2. Amazon takes on India rivals with low-cost fashion store ...

   techcrunch.com/2024/04/05/amazon-ba

   Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart ...

3. Flipkart - Wikipedia

   en.wikipedia.org/wiki/Flipkart

   2007-2010: Start-up phase[edit] 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 ...

4. E-commerce in India - Wikipedia

   en.wikipedia.org/wiki/E-commerce_in_India

   India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...

5. Amazon to launch ‘special store’ for value fashion in India

   techcrunch.com/2024/02/20/amazon-bazaar-store...

   The company announced last year that it would invest about $2.3 billion in its e-commerce operations in the country by 2030, a far lower budget than its rival Flipkart. (Amazon is instead doubling ...

6. Walmart pays $1.4 billion to buy Tiger Global's remaining ...

   techcrunch.com/2023/07/30/walmart-flipkart-tiger...

   Flipkart was valued at $37.6 billion in a funding round in 2021, but has since internally cut its worth by about $5 billion following the split of payments startup PhonePe. Walmart, which paid $16 ...

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 officer ...