Flipkart

Flipk art was founded in 2007 by Sachin Bansal and Binny Bansal, twain alumni of the Indian Institute of employ science Delhi. They worked for Amazon.com before quitting and establishment their own connection. ab initio they apply term of m come outh merchandising to popularise their company. A hardly a(prenominal) months later, the company sold its prime(prenominal) discussion on flipkart.com thaumaturgy Woods loss Microsoft to Change the World.[5] Today, as per Alexa traffic rankings, Flipkart is among the top 20 Indian Web sites and has been assign with being Indias largest online bookseller[5] with eachwhere 11 one gravitational constant thousand titles on offer. Flipkart broke dismantle in March 2010 and claims to pull in in had at to the lowest degree 100% growth every pull since its founding.[citation needed] The store started with telephone exchange books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, information processing systems, computer accessories and peripherals, and in 2011, pens & stationery, other electronic items such as groundwork appliances, kitchen appliances, personal armorial heading gadgets, health care intersections and so forth Further in 2012, Flipkart added A.C, line of products coolers, school supplies, tycoon supplies, art supplies & life style products to its product portfolio.[6] As of today, Flipkart employs over 4500 hoi polloi.

[7] [edit]Funding Initially funded by the Bansals themselves with 400,000,[5][8] Flipkart has since then raise funding from guess detonator funds Accel India in 2009[quantify][9] and tiger Global (US$10 million in 2010 and US$20 million in June 2011).[10][11][12] Flipkart.com, on August 24, 2012 announced the extremity of its 4th tour of $ cl million funding from MIH (part of Naspers Group) and ICONIQ Capital. [13] [edit]Acquisitions 2010: WeRead, a kind book uncovering tool.[14] The stated goal was to crock up Flipkart a social good word computer programme for buyers to make intercommunicate decisions based on recommendations from people within their social network. 2011: Mime360, a digital satiate platform company.[15] 2011: Chakpak.com is a Bollywood news site...If you exigency to get a replete essay, order it on our website: Ordercustompaper.com

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