Analysis of Flipkart

Flipkart was founded by Sachin Bansal and Binny Bansal, graduates of Indian Institute of Technology Delhi in 2007. They used to work at Amazon.com before. The company was officially established as Flipkart Online Services Pvt in October 2008. In the first few years Flipkart focused only on books and it began to offer other products such as electronics, air conditioners, coolers, stationery and lifestyle products and e-books after it expanded .

In 2008, when the Accel team met with Binny Bansal, co-founder of Sachin Bansal and Flipkart for the first time, Flipkart, which has a very large scale and value, could not imagine. At that time, e-commerce is still in its early stages of India, even organized retailers do not occupy a relatively small position in the domestic retail market for domestic consumers. However, when establishing Accel's $ 65 million seed and A series fund in India (acquired in 2008), a bold business that is not like type Flipkart is exactly the type of company we are trying to support is.

Given the low share of the online retail market, the dominant position of the physical store has been challenged, most international market expansion has almost failed, and India play is the only movement of Walmart! In India, Flipkart is the only game, they have to evaluate Flipkart at $ 18 billion. Little, they may not be able to buy. Remember, Flipkart and its investors are not keen on selling themselves! This is good for investors, founders, Flipkart, and employees of the Indian entrepreneurial ecosystem, but if you've read this far and have been paying attention to these figures, this is Wal-Mart It may not be the case. It is a good thing. Still, it is the CEO of Wal-Mart and the idea of ​​the board. We are thinking of the public market as well and immediately bring the 4% stock price and the market value of $ 10 billion to the CEO and the Board of Directors. Well, this is not too bad compared to Amazon's announcement of buying Whole Foods. Walmart shares fell 1% since then

In 2016, Morgan Stanley, Fidelity, T Rowe Price and many others cut prices. Binny became the CEO of Flipkart and chatted about the direction of Flipkart. They sneak into this, keep building for consumers, and keep building ecosystems. From PhonePe to Udaan, Cure.fit, and to this country 's startup, Flipkart' s roots are moved like me being built by people working at Flipkart or moving from Flipkart. Inspired by people and Flipkart