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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.
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 Health+ (formerly known as SastaSundar Healthbuddy Limited), [2] is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India. [ 3 ] [ 4 ] The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar Healthbuddy in Kolkata. [ 5 ]
India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
As per government, ONDC will charge 8–10% of the selling price of the product compare to 18–40% charged by Amazon and Flipkart. The commission rate is not fixed and will be decided by market forces. [54] Small retailers are also less to fear that the platform will open dark stores. [55] Restaurants will have access to customer data. [56]
Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium clothing platform ...
eBay office in Toronto, Canada. eBay Inc. (/ ˈiːbeɪ / EE-bay, often stylized as ebay and/or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or ...
110,000,000 [14][15] Marketplace for creative digital services sold as Gigs. Millions of Gigs available from Sellers to Buyers. Fiverr charges a flat 20% fee to the Seller. 398 [16] Flipkart. India.