Flipkart

Flipkart is an e-commerce company based out of Bengaluru. founded by Sachin Bansal and Binny Bansal in 2007. The key investors in Flipkart are Tiger Global Management, eBay, Naspers & Microsoft.

Latest News

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Walmart-Flipkart deal: Foreign shareholders approach AAR over capital gains

It has been almost two years since US-based giant retailer Walmart acquired 77% stake in Flipkart. But it seems the tax-related issues for stakeholders, especially …

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Walmart’s six warehouses to become fulfilment centres for Flipkart

A month after announcements of restructuring of its business in India, US-based retailer behemoth Walmart has now reportedly started the process to convert its wholesale …

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Amazon, Flipkart seek more time to implement new TDS levy

After asking the government to reconsider the new TDS levy proposal made during Budget, e-commerce companies Amazon and Walmart-owned Flipkart have now requested the government …

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Company Details

Company Name: Flipkart
Founder/s: Binny Bansal & Sachin Bansal
Industry: E-commerce
Investment Raised: $7.7 billion
Headquarter: Bengaluru
Year of Incorporation: 2007
Key Investors: Tiger Global Management,
eBay, Naspers,
Microsoft
Reference Website: https://www.flipkart.com/

Company Financials

Snippets

Flipkart

Flipkart promotes Jeyandran Venugopal to Chief Product and Technology Officer

Walmart-owned Flipkart has elevated Jeyandran Venugopal as the company’s Chief Product and Technology Officer. He will now be responsible for providing strategic leadership to the …

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Ahead of flagship sale, Flipkart elevates 5 executives as vice presidents

Flipkart has elevated five executives across businesses as vice presidents which includes Chanakya Gupta, head of 2GUD; Saurabh Tandon from engineering; Nishit Garg, who manages …

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Flipkart launches co-branded credit card

E-commerce marketplace Flipkart has introduced its co-branded credit card in partnership with Axis Bank and Mastercard. Flipkart has partnered with third-party platforms such as UrbanClap, …

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Flipkart

Delhi HC prevents Amazon, Flipkart, Snapdeal from selling Amway products

Delhi High Court has passed an interim order to prevent e-commerce marketplaces like Amazon, Flipkart, Snapdeal as well as Healthkart from advertising, displaying or offering …

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Flipkart hires KPMG to conduct due diligence of B2B vendors

Walmart’s global anti-bribery compliance programme has now reached the Indian shore as its subsidiary Flipkart has hired KPMG to conduct due diligence of B2B vendors …

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Flipkart eyes to acquire Bengaluru-based grocery chain Namdhari Fresh

To spruce up its game in grocery against rivals Amazon and BigBasket, Flipkart is reportedly in talks to acquire grocery chain Namdhari Fresh. Owned and …

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Below is the bank details:

 
Amount: INR 3,00,000 + GST (TDS to be deducted 2%)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
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