, Sachin Bansal and Binny Bansal on Forbes debutant list of 2015 ~ CS GAURAV SHARMA

November 9, 2015

Sachin Bansal and Binny Bansal on Forbes debutant list of 2015

Sachin and Sachin tendulkar are two different things these days as the name when arrives with MR Binny Bansal and  as MR Sachin bansal everyone knows what I am talking about of  these two leaders of modern age Shopping feast and festivities earned  there name in forbes Business Debutants list of 2015 recently.

Pic Source:- India.com 


Flipkart (Company) was founded in 2007 by Sachin Bansal and Binny Bansal
Source :Business Today 

both alumni of the Indian Institute of Technology Delhi. They worked for Amazon.com, and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd.The first product they sold was the book Leaving Microsoft To Change The World. Flipkart now employs more than 33000 people.
In May 2014, Flipkart received $210 million from DST Global, in July 2014 it raised $1 billion led by existing investors Tiger Global and South Africa's media group Naspers and in May 2015 it raised $550 million from some of its existing investors. Flipkart's last fundraising round in May 2015 had pegged its valuation at $15 billion.


                    Source :- Youtube
Flipkart  have a array of acquistions in past which are as follows:-

Acquisitions

  • 2010: WeRead, a social book discovery tool.
  • 2011: Mime360, a digital content platform company.
  • 2011: Chakpak.com, a Bollywood news site that offers updates, news, photos and videos. Flipkart acquired the rights to Chakpak's digital catalogue which includes 40,000 filmographies, 10,000 movies and close to 50,000 ratings. Flipkart has categorically said that it will not be involved with the original site and will not use the brand name.
  • 2012: Letsbuy.com, an Indian e-retailer in electronics. Flipkart has bought the company for an estimated US$25 million.Letsbuy.com was closed down and all traffic to Letsbuy has been diverted to Flipkart.
  • 2014: Acquired Myntra.com in an estimated, 20 billion (2,000 crore, about US$319 million) deal.
  • 2015: Flipkart acquires a mobile marketing start-up Appiterate as to strengthen its mobile platform.
Source :- Wikipedia



Future of Flipkart is very prospective and worth looking forward for and we wish the duo and the whole team a great success .


Our aim through this article is to bring the real potential these two humans created by becoming the Forbes Debutant in recent time and a journey of around 8 years since 2007 a great motivational and leadership role they will be playing in recent upcoming future time .



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