Flipkart is an Indian electronic commerce company headquartered in Bangalore, India. It is the largest online bookstore in India.

[edit]History Flipkart was established in October 2007 by SachinBansal and Binny Bansal. Both are alumni of Indian Institute of Technology Delhi and worked for Amazon.com before quitting and founding their own company. Initially they used word of mouth marketing and social networking websites to popularise their company. [5] Within two years through word of mouth of their services, Flipkart became one of the top 100 Indian sites and was credited for being India's largest online bookseller with over 7 million titles on offer. Flipkart broke even in March 2008 and claims to have had at least 100% growth every quarter since its founding. The store started with selling books and in 2010 branched out to selling CDs, DVDs, mobile phones and other electronic gadgets. During financial year 2009-10, it reported a sales of Crores. [1] Initially funded by the Bansals themselves, [6] Flipkart has since then raised two rounds of funding from venture capital funds Accel India (2009) and Tiger Global Management (up to the tune ofUS$10 million) (2010). The company has 1000 employees.[2][3][7] [8] [9] [10][11] [12] 20 Crores (200 million).The reported sales for 2010 -11 is 75
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