Flipkart is an Indian online shopping retailer established in 2007 and headquartered in Bangalore. It is a leading e-commerce company in India with a market share of 26.8% in 2013. In May 2014, Flipkart acquired Myntra, another Indian fashion e-commerce company, for $300 million. Some of Flipkart's strengths include strong funding, delivery and customer support capabilities, and a variety of product offerings. However, weaknesses include a lack of infrastructure and difficulties with inter-state movement of products. Opportunities exist through expanding into new market segments, growing internet usage in India, and new technologies. Threats include increasing competition and potential changes in government regulation.