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Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [ 21][ 22]
Flipkart was founded in October 2007 in Bangalore [ 11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12][ 13][ 14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Founder and former CEO and chairman, Flipkart. Spouse. Priya Bansal. Children. 1. Sachin Bansal (born 5 August 1981) is an Indian entrepreneur. [ 1][ 2][ 3] He is best known as the founder of Flipkart [ 4] During his over 11 year career at Flipkart, Bansal was CEO and chairman. [ 5] In 2018, Bansal exited Flipkart following the Walmart deal.
Initial public offerings of Walmart's Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. "This is something we're looking at over ...
Walmart-owned ecommerce giant Flipkart has introduced a voice assistant for grocery shopping in India. Flipkart is rolling out the feature for its Android app’s users starting today, with an iOS ...
Flipkart’s new tie-up with Indian logistics giant Adani Group will see the creation of a massive fulfillment center in Mumbai, a move that would expand Walmart’s horizons in India since its ...
Known for. Co-founder, former chairman and CEO, Flipkart [ 2] Spouse. Trisha Bansal. Binny Bansal (born 1982/1983) is an Indian billionaire [ 2][ 3] Internet entrepreneur. [ 3] As of February 2024, his net worth was estimated at US$1.4 billion. [ 1] In 2007 he co-founded the e-commerce platform Flipkart. [ 4][ 5] He was the chief operating ...
“A price change that used to take an associate two days to update now takes only minutes with the new DSL system,” Daniela Boscan, a food and consumable team lead at a Walmart store in Hurst ...