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Corporation
INTERNET | eCommerce / Multi-Product
flipkart.com

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Founded Year

2007

Stage

Corporate Majority - IV | Acquired

Total Raised

$6.186B

Valuation

$0000 

Revenue

$0000 

About Flipkart

Flipkart is a destination for online shopping in India, with payment options through cash on delivery, debit card, credit card, and net banking processed through secure and trusted gateways. Stocked items include favorite books, apparel, footwear, lifestyle accessories, baby care products, toys, posters, sports and fitness, mobile phones, laptops, cameras, movies, music, health and beauty, televisions, refrigerators, air-conditioners, washing machines, MP3 players, and products from a host of other categories available.

Flipkart Headquarter Location

Buildings Alyssa, Begonia & Clove Embassy Tech Village Outer Ring Road, Devarabeesanahalli Village

Bengaluru, 560103,

India

+91 – 080-42749527

Latest Flipkart News

Temasek-backed Snapdeal targets $341m IPO in 2022: Sources

Dec 1, 2021

BENGALURU (BLOOMBERG) - Snapdeal, the Indian online retailer backed by SoftBank Group and Alibaba Group Holding, plans to file preliminary documents for an initial public offering of as much as US$250 million (S$341 million) in the next few weeks, according to people familiar with the matter. The e-commerce giant aims to go public in early 2022 after filing the draft red herring prospectus, or DRHP, the people said, asking not to be identified talking about a private matter. Snapdeal, once considered the fiercest rival to Amazon.com and Walmart's Flipkart in the world's fastest-growing major online arena, plans to raise at least US$200 million at a US$1.5 billion valuation, they added. The company didn't immediately provide comment on its filing plans or other financial details. Snapdeal, which caters mainly to the fast-growing segment of smaller-city consumers somewhat neglected by larger rivals, would become the largest tech company to test investors' appetite for IPOs after the disastrous debut of Paytm's parent, One 97 Communications. The fintech giant has lost about 20 per cent of its share value since its debut on Nov 18. Snapdeal had considered raising about US$400 million at a valuation of up to US$2.5 billion, Bloomberg News reported in September. It's now hoping instead to replicate the strong showings of fellow online commerce firms like food delivery platform Zomato and beauty retailer FSN E-Commerce Ventures, which owns Nykaa. Snapdeal's largest shareholders, which also include BlackRock, Temasek Holdings and EBay, are not selling shares, the people said. The start-up co-founded by Wharton alumnus Kunal Bahl in 2010 focuses on the less-affluent and less tech-savvy bulk of the population living outside India's biggest cities. It bucks the trend set by Amazon and Flipkart by not catering to big-city buyers and eschewing big-ticket items like high-priced electronics. It emerged as one of the country's leading e-commerce providers but lost ground to its larger rivals. In 2017, it backed away from a potential merger with Flipkart that would have united the 2 local-e-commerce companies against Amazon, a deal that SoftBank had pushed for. The Japanese investor then turned around to lead a funding round for arch-rival Flipkart. Since then, Walmart bought a controlling stake in Flipkart, which is now progressing toward its own IPO. And newer entrants such as Mukesh Ambani's Reliance conglomerate threaten to further disrupt the industry. Snapdeal will follow a clutch of Indian companies pushing to raise more than US$1 billion combined from IPOs in December. Warburg Pincus-backed pharmacy chain MedPlus Health Services and Healthium Medtech, a maker of surgical instruments controlled by buyout firm Apax Partners, are among listing hopefuls aiming to sell shares next month, according to people with knowledge of the matter. Others include Shriram Properties and wedding-apparel maker Vedant Fashions. More on this topic

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Expert Collections containing Flipkart

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Flipkart is included in 1 Expert Collection, including E-Commerce.

E

E-Commerce

8,753 items

Flipkart Patents

Flipkart has filed 2 patents.

The 3 most popular patent topics include:

  • Compactness (mathematics)
  • Geocodes
  • Geographic coordinate systems
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/6/2020

Mathematical optimization, Compactness (mathematics), Properties of topological spaces, Optimization algorithms and methods, Operations research

Application

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00/00/0000

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Application Date

7/6/2020

00/00/0000

Grant Date

00/00/0000

Title

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Related Topics

Mathematical optimization, Compactness (mathematics), Properties of topological spaces, Optimization algorithms and methods, Operations research

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Status

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Flipkart Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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