WebMay 10, 2024 · Published May 10, 2024. Soon after Walmart announced its $16 billion (Rs1 lakh crore) acquisition of Flipkart, its shares tanked in early hours of trading on the New York Stock Exchange (NYSE ... WebFunding. Flipkart has raised a total of $12.9B in funding over 26 rounds. Their latest funding was raised on Jun 13, 2024 from a Secondary Market round. Flipkart is funded by 30 investors. Tencent and SoftBank Vision Fund are the most recent investors. Flipkart has made 35 investments. Their most recent investment was on Apr 4, 2024, when ...
History of flipkart – Track2Training
WebJun 20, 2024 · In 2011, Flipkart acquired the digital distribution business Mime360.com and the digital content library of the Bollywood portal Chakpak. Following this acquisition, Flipkart launched their DRM-free online music store Flyte in 2012. Because of competition from free streaming sites, the site was unsuccessful and shut down in June 2013.With its ... WebJul 16, 2024 · Today, Flipkart has a revenue of 433 billion Indian rupees. In this article, let us discover the list of major companies acquired by Flipkart. 1. ANS Commerce 2. Yaantra 3. SastaSundar 4. Cleartrip 5. Scapic 6. … darwin medical practice address
Flipkart Business Model How does Flipkart make …
WebDec 13, 2024 · In August 2024, US retail chain Walmart acquired a 77% majority stake in Flipkart for $16 billion, valuing Flipkart at around $20 billion. ... Positioning: Flipkart is an online store that caters to all customer needs. Flipkart USP. Flipkart has a wide range of products in many segments. WebJul 27, 2024 · Flipkart was acquired by Walmart, an American retail giant, for $16 billion in May 2024. Along with the imposing worldwide market … Web2014: Flipkart acquired Myntra for nearly $280 million. It then raised $210 million from DST Global. The valuation was recorded at $2.6 billion. ... When Amazon entered the online shopping market in India in 2013, many exp … bitch creek flies