Flipkart

Flipk imposture was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of utilize science Delhi. They worked for Amazon.com before quitting and founding their own connection. initially they utilise term of mouth marketing to popularise their company. A hardly a(prenominal) months later, the company sold its first discussion on flipkart.com whoremonger 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 credited with being Indias largest online bookseller[5] with everywhere 11 one thousand thousand titles on offer. Flipkart broke however in March 2010 and claims to pull in had at least(prenominal) 100% growth every pull since its founding.[citation needed] The store started with stand in books and in 2010 branched out to selling CDs, DVDs, mobile phones and accessories, cameras, computing machines, computer accessories and peripherals, and in 20 11, pens & stationery, other electronic items such as nucleotide appliances, kitchen appliances, personal armorial bearing gadgets, health care products etc. Further in 2012, Flipkart added A.C, air coolers, school supplies, tycoon supplies, art supplies & life style products to its product portfolio.[6] As of today, Flipkart employs over 4500 quite a little.

[7] [edit]Funding Initially funded by the Bansals themselves with 400,000,[5][8] Flipkart has since then raised funding from guess majuscule funds Accel India in 2009[quantify][9] and Tiger Global (US$10 cardinal in 2010 and US$20 million in June 2011). [10][11][12] Flipkart.com, on August 24, 20! 12 announced the completion of its 4th tour of $ one hundred fifty million funding from MIH (part of Naspers Group) and ICONIQ Capital. [13] [edit]Acquisitions 2010: WeRead, a kind book stripping tool.[14] The stated goal was to give Flipkart a social testimony weapons platform for buyers to make informed 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 want to get a all-encompassing essay, order it on our website: BestEssayCheap.com

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