18 Intriguing Facts About Flipkart

Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal.

Two former Amazon employees, Sachin Bansal and Binny Bansal, started Flipkart in 2007 as an online bookstore. Today, it has become one of the leading e-commerce marketplaces in India.

The company started as an online bookstore.

Flipkart initially focused on selling books online, but it later expanded its product categories to include electronics, fashion, home appliances, and more. Today, it offers millions of products across various categories.

Flipkart’s “Big Billion Days” sale is one of the largest online shopping events in India.

Every year, Flipkart holds its “Big Billion Days” sale, offering massive discounts and deals across a wide range of products. It has become a highly anticipated event, attracting millions of shoppers from all over the country.

Flipkart was the first Indian e-commerce company to reach $1 billion in Gross Merchandise Value (GMV).

In 2014, Flipkart achieved the milestone of reaching $1 billion in GMV, which includes the total value of products sold on its platform. This marked a significant moment for the Indian e-commerce industry.

Flipkart acquired Myntra, a popular fashion e-commerce platform, in 2014.

To strengthen its position in the fashion e-commerce segment, Flipkart acquired Myntra in This acquisition helped Flipkart expand its product offerings and tap into the growing online fashion market in India.

Flipkart launched its own private-label brand, “Flipkart SmartBuy”.

Understanding the need to cater to different customer preferences, Flipkart launched its own private-label brand, Flipkart SmartBuy. The brand offers a wide range of high-quality products at affordable prices.

Flipkart introduced the “No Cost EMI” feature for customers.

With the aim of making online shopping more accessible, Flipkart launched the “No Cost EMI” feature. It allows customers to purchase products on EMI without any additional cost or interest, making it easier for them to afford their desired items.

Flipkart has its own logistics arm, Ekart.

To ensure efficient and reliable delivery services, Flipkart established its own logistics arm called Ekart. It enables faster and reliable shipping of products to customers across the country.

Flipkart launched its video streaming platform, Flipkart Video.

Expanding its ecosystem, Flipkart introduced Flipkart Video, a video streaming platform that offers a wide range of movies, TV shows, and original content. It aims to provide customers with a comprehensive entertainment experience.

Flipkart has a strong focus on sustainability.

Flipkart is committed to sustainability and has implemented various initiatives to reduce its carbon footprint. It promotes the use of eco-friendly packaging materials and encourages its customers to recycle and reuse packaging.

Flipkart has a robust customer support system.

Understanding the importance of customer satisfaction, Flipkart has established a robust customer support system. It provides 24/7 assistance to customers, resolving their queries and issues promptly.

Flipkart’s “Flipkart Plus” loyalty program offers exclusive benefits to customers.

Flipkart Plus is a loyalty program that offers exclusive benefits to its customers, such as free and faster deliveries, early access to sales, and priority customer support. It aims to reward and retain loyal customers.

Flipkart launched its own payment system, PhonePe.

With the intention of offering a seamless and secure payment experience, Flipkart launched PhonePe, a digital payment platform. It allows customers to make easy and convenient online transactions.

Flipkart has acquired several other companies to expand its operations.

To strengthen its position in the market and diversify its offerings, Flipkart has acquired companies like Jabong, eBay India, and Walmart India. These acquisitions have helped Flipkart expand its product range and customer base.

Flipkart launched its own range of electronics under the brand name “MarQ”.

Flipkart expanded its product portfolio by introducing its own range of electronics under the brand name “MarQ”. It offers a wide range of high-quality electronic products at competitive prices.

Flipkart partners with local artisans through its initiative, “Flipkart Samarth”.

Flipkart Samarth is an initiative by Flipkart to uplift and empower local artisans, weavers, and craftsmen. It provides them with a platform to showcase and sell their products to a wider audience.

Flipkart has a strong social media presence.

Flipkart actively engages with its customers through various social media platforms, including Facebook, Twitter, and Instagram. It shares updates, offers, and interacts with its customers, building a strong online community.

Flipkart is committed to community welfare through its initiatives.

Flipkart believes in giving back to society and has implemented various social initiatives. It supports causes like education, healthcare, and environmental conservation, making a positive impact on the community.

Conclusion

In conclusion, Flipkart has established itself as a major player in the world of e-commerce. With its innovative approach, wide range of products, and commitment to customer satisfaction, it has built a loyal customer base and gained recognition both in India and internationally. The company’s journey from a small online bookstore to the largest e-commerce platform in India is truly inspiring. Flipkart’s success story proves that with determination, adaptability, and a customer-centric approach, any business can make a significant impact in the competitive online marketplace.

FAQs

1. How did Flipkart start?

Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, who were former employees at Amazon. They initially started with an online bookstore and later expanded into various product categories.

2. What makes Flipkart different from other e-commerce platforms?

Flipkart stands out due to its strong focus on customer satisfaction. It offers a seamless shopping experience, reliable delivery, and excellent customer support. It also offers a wide range of products, competitive prices, and frequent discounts.

3. Is Flipkart only available in India?

No, Flipkart started as an Indian e-commerce platform, but it has expanded its reach internationally. However, its primary customer base is still in India.

4. How does Flipkart ensure product quality and authenticity?

Flipkart has a rigorous quality check process in place to ensure that only genuine and authentic products are sold on its platform. Additionally, it has a customer review system that helps in identifying any fraudulent or substandard sellers.

5. Can I return a product purchased from Flipkart?

Yes, Flipkart has a hassle-free return policy. If you are not satisfied with your purchase, you can request a return within a specified time period. However, certain products may have specific return policies due to their nature.

6. Does Flipkart offer customer support?

Yes, Flipkart has a dedicated customer support team that is available 24/7 to assist customers with their queries, concerns, or complaints. They can be reached through phone, email, or live chat.

7. Does Flipkart have its own delivery service?

Yes, Flipkart has its own logistics arm called Ekart. It ensures reliable and timely delivery across various parts of India. Flipkart also partners with other courier services for delivery in more remote areas.