Here some Interesting Facts about Flipkart
- Sachin Bansal and Binny Bansal are not related. Both are from Chandigarh and both went to the same school.
- Two became close friends at IIT-Delhi, Sachin and Binny were not good friends as children. They were one of the best performers both at IIT and at Amazon.
- Both Co-Founders left Amazon to launch India’s own Online Book Selling Site and thus founded Flipkart.
- After a different round of fundings with a market valuation of nearly 10 Billion as of September 2016
- Flipkart had a market share of 45% in 2015 easily beating the competitors like Amazon and Snapdeal.
- In a second Big Billion Sale. Flipkart saw a turnover of $300 million in gross merchandise volume.
- Time Magazine named Sachin & Binny Bansal in the prestigious list of 100 Most Influential Person in 2016
- It's now clocking US$1.5 billion Yearly and termed as India’s Alibaba. Walmart and Alphabet (Google ) are in the race to take over this Company.
- During Big Billion Day, Sachin, Binny, Punit & others delivered the products to some of the customers.
- In 2014, Flipkart launched its own set of tablets, mobile phones & Phablet with brand name DIGIflip.
- Flipkart’s search engine is called ‘Sherlock’
- Flipkart launched its in-house home appliances and personal healthcare brand Citron.
- Flipkart offered Snapdeal an amount of $700-$800 million, but Snapdeal rejected its deal.
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