Flipkart, founded in 2007, is India's largest e-commerce firm and reported a loss of INR 2,000 crore for the fiscal year ending in March 2015. The 'Big Billion Days' event in October 2016 saw sales of INR 3,000 crore with 15.5 million units sold, significantly boosting brand momentum and paving the way for future fundraising. The campaign aims to increase mobile app downloads, enhance customer engagement, and strengthen brand presence across various digital platforms.