Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal. It started as an online book retailer and has since expanded into other product categories. It has grown from an initial investment of 4 lakhs to $100 million in sales within 5 years. Flipkart aims to reach $1 billion in revenue by 2014 through continued growth in online shopping in India as internet usage increases.

1. Presented By: Guided By:
Akshay Dhola (1508085025) Prof. Rinky Trivedi
Assi. Professor
Management Dept.
M.E.F.G.I

3. •Flipkart was founded in 2007 by Sachin Bansal(26) and
Binny Bansal(25) , both alumni of the Indian Institute of
Technology (IIT) Delhi Computer Science graduates from
the 2005 batch.
•Sachin worked at Techspan for 6 months and then at
Amazon.
•Binny worked at Sarnoff India for a year and a half and
then at Amazon India for 8 months. They quit their jobs in
September 2007 to begin our startup journey.

4. •Flipkart.com was founded on 5th Sept 2007. The website
was launched on 15th Oct 2007.
•From a start-up with an investment of just 4 Lakhs
Rupees Flipkart has grown into a $100 million dollars
online retail giant in just five years.

5. •Flipkart is an Indian e-commerce company headquartered in
Bangalore, Karnataka.
•In its initial years, Flipkart focused on online sales of books.
But it later expanded to electronic goods and a variety of other
products.
•Flipkart offers multiple payment methods like credit card,
debit card, net banking, e-gift voucher, and Cash on Delivery.
•The cash-on-delivery model adopted by Flipkart has proven
to be of great significance since credit card and net banking
penetration is very low in India.

6. •One major challenge was to get tie-ups with the major book
vendors as they did not have an off-line book store.
• They have somehow managed to persuade them and now most
of the vendors are supporting us.
•The second major challenge was to get the approval for the
credit card payment gateway.
•We did want to use CC Avenue as their interface is really
confusing. So they had to convince Axis Bank for the payment
gateway and that was not easy given the fact that they are a
self-funded startup and they don’t have an offline presence….

7. Flipkart's reported sales as follows:-
IN FY 2008 -2009 :- 40 millions
IN FY 2009-2010 :- 200 millions
IN FY 2010-2011 :- 750 millions
IN FY 2011-2012 :- 5 billions
As Internet usage in the country increases and people get
accustomed to making purchases online. Flipkart projects its
sales to reach $1 billion by year 2014 . And is aiming at
generating a revenue of 50 billion (US $1 billion) by 2015.

9. •Lenskart started in Nov. 2011 by 3 Founders – Peyush
Bansal, Amit Chaudhary & Sumeet Kapahi
•In Oct. 2011, Company had touched 30 Lac in monthly
revenue from its online portal lenskart.com
•In Oct. 2012, Lenskart.com grew to 3 Cr in monthly revenue.
•In Oct. 2013, Lenskart.com has grown to 6 Cr+ in monthly
revenues.
•Lenskart today is the fastest growing eyewear company in
India with over 5 Lac+ customers

10. •Lenskart is the only eyewear company in India to offer 14-Day
No-Question Money-Back Guarantee and a 24 x7 support center.
•At Lenskart, it believe specs are a fashion accessory and not a
health accessory and it has done lot of work to own this space
today.
•Lenskart today has the widest range and hottest styles in
eyewear with a huge fan following for their styles.
•Lenskart prices are 50% more affordable than market –it does
this by bringing goods directly from manufacturing to retail
(killing all intermediaries)
•In addition to their own range, Lenskart also has tie-ups with
the best international brands to complete its range – Ray-Ban,
Vogue, Maui Jim, etc.

11. •One Price for all – prices don’t change with attire of people
•50% more affordable prices than any optician for same
quality
•Centrally fitted specs with best lenses for consistent quality
•14 Day Money Back Guarantee on all products
•400 styles on display and 1000 more styles on screen

12. • And only 25% of them today have access to spectacles.
• Eyewear is a 10,000+ Crore market growing at 30% + year
on year.
• 12 Lac + eyeglasses are sold in India every day and they
sell only 1500 right now.

13. NO FIKAR BECH QUIKR

14. •Founded on 12th June 2008 by Pranay Chulet and Jiby
Thomas .
•Largest online and mobile classifieds portal based in
Mumbai and Delhi .
•Backed by Matrix partners India , Omidyar Network
,Norwest Venture Partner , Nokia Growth Partner ,
Warburg Partner and invested in by e-bay Inc.

15. •Services over 160 categories in over 83 cities.
•1.8 cr. Consumer per month and millions of ads posted
by users .
•Among world’s top 250 private companies .
•Quikr was formerly known a kijiji.in

16. •We generate revenue through premium listings
which get more visibility compared to free ads, and
also by generating customers leads for businesses.

17.  Among world top 250 Private Companies
 Over seven million users every month
 Huge Advertisement cost
 Offers Faster, Better and Cheaper Online Visibility.

18. •Private Company incorporated on 09 November 2005.
•Its authorized share capital is Rs. 45,000,000 and its paid up
capital is Rs. 42,001,260.
•Annual General Meeting (AGM) was last held on 30
September 2013.
•Balance sheet was last filed on 31 March 2013.

20.  Started: February 2007
 Myntra.com is an Indian online shopping retailer of fashion
and casual lifestyle products.
 Headquarters in Bangalore.
 Myntra was established by Mukesh Bansal, Ashutosh
Lawania, and Vineet Saxena in February 2007.
 In the last 3 years, Myntra has become the most popular
destination for personalized products in the country.

21.  Myntra has tied up with top fashion and lifestyle brands in
India, such as Nike, Inc., Reebok, Puma, Adidas, Asics, Lee,
Lotto, etc. to offer a wide range of current season merchandise
from these brands.
 Myntra currently offers products from more than 350 Indian
and international brands.
 There are also casual and dressy footwear for women from
Catwalk, Carlton London and Red Tape to name a few.

22.  In October 2007, Myntra received its initial funding from
Erasmic Venture Fund now known as Accel Partners, Sasha
Mirchandani from Mumbai Angels and a few other investors.
 In November 2008, Myntra raised almost $5 million fr om
NEA-IndoUS Ventures, IDG Ventures and Accel Partners.
 Myntra raised $14 million in a Series B round of funding.

23.  This round of investment was led by Tiger Global, a private
equity firm; the existing investors IDG Ventures and Indo-US
Venture Partners also put in substantial amount towards
funding Myntra.
 Towards the end of 2011, Myntra.com raised $20 million in its
third round of funding, again led by Tiger Global.
 In February 2014, Myntra raised additional $50 Million
(Rs.310 crore) funding from Premji Invest and few other
Private Investors.