3. FLIPKART
• Flipkart was founded in 2007 by SACHIN BANSAL and BINNY
BANSAL, both alumni of the Indian Institute of Technology
Delhi.
• They had been working for Amazon.com previously
• Flipkart.com is India’s largest online mega store and often
called as India’s amazon.com.
• 6 October 2014 Flip kart launched a promotion called 'Big
Billion Day' targeting a billion sales in 1 day
• They earn 900 crore in a day.
• Flip kart sold first product book.
• In July 2014 Flipkart launched its own set of tablet, mobile
phones & Phablet.
• Digiflip, Flipkart's own electronic brand,
11. Sells Record
• They had spent ₹ 400,000 only for making
website to set up the business
• ₹ 40 million in FY 2008–2009
• ₹ 200 million in FY 2009–2010
• ₹ 750 million for FY 2010–2011
• ₹ 5 billion (US$100 million) for FY 2011–2012
• ₹ 10 billion by year 2014
• ₹ 50 billion (US$0.81 billion) by 2015
12. Awards and recognition
• Co-Founder of Flipkart Sachin Bansal, got
Entrepreneur of the Year Award 2012-2013
from Economic Times, leading Indian
Economic Daily.
• Flipkart.com was awarded Young Turk of the
Year at CNBC TV 18's 'India Business Leader
Awards 2012' (IBLA)
• Flipkart.com- got Nominated for India MART
Leaders of Tomorrow Awards 2011
13. ADVANTAGE
• They have own delivery service.
• Different brand in one sight.
• Provides 24*7 hours
• Offer zone
o Discount
o Festival week
o Buy one get one etc
• Payment option
o COD
o Net banking
o Online banking etc
• Various type of product apparel, electronic, kids wear, home &
furniture, books, media, etc
• Exchange facility.
• 2014 Acquired Myntra.com an estimated ₹ 20 billion (2,000 crore,
about US$319 million) deal.
17. DISADVANTAGE
• Quality issue
• Server problem
• Different city they have no delivery option.
• They deliver products only in India.
• The minimum order for free home delivery is
increased to 500.
• Out of stock product.
