Future Perfect: Photo feature
Business Today | In Print | December, 2011
Tomorrow's business leaders in unusual frames: A Business Today 20th Anniversay special
See the photo feature here
Future Perfect: Photo feature
Business Today | In Print | December, 2011
Tomorrow's business leaders in unusual frames: A Business Today 20th Anniversay special
See the photo feature here
Flipkart aims for 10-fold growth in revenue
Business Standard | In Print | December, 2011
In an interview to Business Standard, Flipkart co-founder and chief executive officer (CEO) Sachin Bansal said, “In terms of revenue, we are looking at Rs 500 crore to Rs 600 crore in the current financial year.” The company had clocked a revenue of Rs 50 crore in 2010-11.
Read the article here
Kart e blanche!
Deccan Chronicle | In Print | December, 2011
Being the most customer friendly e-commerce company in India was what these two young entrepreneurs in their 20s set out to achieve and they did it with élan.
Read the full story here
Bestselling Moves
Outlook Business | In Print | December, 2011
They wanted to do something that involved the least amount of work. Now they are pulling out the stops to take Flipkart into every market, everywhere.
Read the full story here
Indian Stunner
CNBC Magazine | In Print | October, 2011
In a country where roads are abominable and credit cards scarce, online retail was viewed as a non-starter. Until Flipkart came along...
Read the interview on CNBC Business
Flipkart Moves Fast in India
New York Times | In Print | 15th September, 2011
Several months ago, when Prabhu Kumar could not find a book he wanted in bookstores here, he found it online at Amazon.com for $10. But he had to pay more than $9 in fees to have Amazon ship it to him. Mr. Kumar, a software programmer, said he would not be doing that again. He now shops on India’s answer to Amazon — FlipKart.com
Read the NYT story here
Has Indian E-Commerce Really Arrived?
Global Post | In Print | 1st September, 2011
When rumors of Amazon.com's pending entrance into the Indian market began circulating earlier this summer, insiders from India's e-commerce industry weren't surprised.
Read the full story here
Interview with Sachin Bansal
Business World | In Print | 5th August, 2011
The four-year-old company has so far raised $31 million from Accel Partners and Tiger Global. Flipkart’s co-founder and CEO Sachin Bansal elaborated on the company’s growth plans for the current year in an interview with Businessworld.
Read the interview on Business World
Flipkart Gets $20 Million
The Wall Street Journal | In Print | 16th June, 2011
New York-based hedge fund Tiger Global has invested another $20 million in Flipkart Online Services Pvt. Ltd., which runs e-commerce site Flipkart.com, India's largest online book store. The Bangalore-based start up raised $10 million from Tiger Global exactly a year ago.
Read the full story on Wall Street Journal
E-tail Entrepreneur
Education Times | In Print | 8th February, 2010
In the age of the Internet, book lovers like you are shifting to the online platforms to buy books. Purchasing books online not only provides you with access to a variety of books at a click, but also makes the purchase less cumbersome. This shift in trend also brings in a new breed of skilled freshers. Education Times covers "What's Hot in E-commerce hiring".
Click here to read the article on Education Times
Fair Is Foul
Business Standard | In Print | 6th February, 2010
Search for any India-related book on Google and among the first few results is likely to be a link to Flipkart.com. Flipkart is a two-year-old online bookseller, and has built up a wide customer base.
Company blogger and VP-marketing Tapas Rudrapatna tells an anecdote of a young customer from small-town Maharashtra who travelled by bus and jeep from his village to a distant town to visit a cybercafe, checked out a book on Flipkart, then found his way back home and nervously called the company to ask whether the book was still available. That, says Sujeet Kumar, VP-operations, is the untapped demographic they are aiming for.
Read the complete article on business-standard.com >>
India's Hottest Startups
Business Today | In Print | 5th March, 2009
Sachin and Binny Bansal (no, they are not related) found themselves in technology jobs after doing their computer science from IIT Delhi in 2005 and got their creative spark when their career paths converged at Amazon India, the world’s largest online retailer. Amazon has only development centres in India—and the two figured they could very well replicate its online retail model, attuned to the Indian customers' sensibilities.
Read the entire coverage on Business Today >>
Flipkart Plans Major Expansion
The Tribune | In Print | 25th March, 2010
The largest online bookseller, Flipkart Online Services, is going in for a major expansion this year. The company will be setting up more warehouses, expanding its product portfolio, besides introducing regional language literature in its catalogue.
Source
A Winning Chapter
The Telegraph | In Print | 28th February, 2010
It’s been described as one of the country’s hottest start-ups, and even called India’s Amazon. Indeed, if you’ve searched for any India-related book online, chances are that you’ve already been given cyber- directions to Flipkart.com. For, in just over two years since it launched online, Flipkart has emerged as one of India’s leading online booksellers.
It’s customer focus that’s responsible for Flipkart’s success, feel the founders. For Flipkart has grown almost entirely through word of mouth. There’s also its clean user interface, simple ordering and payment mechanism, prompt delivery and competitive discounts.
“Our focus is on providing a delightful customer experience,” says Sachin.
Click here to read the entire article on telegraphindia.com >>
A Garage Takes Off
Outlook India | In Print | 23rd March, 2010
A garage enterprise to India’s biggest online bookstore, with 4 million titles and an annual turnover of Rs 25 crore, selling a book a minute only in English...
Read the entire article >>
Log On to the New Book Club
The Economic Times | In Print | 23rd March, 2010
Binny Bansal and Sachin Bansal, former classmates at IIT Delhi and later colleagues, started Flipkart.com, an online bookstore in 2007. “The genesis of the thought to set up Flipkart came from the less than satisfactory quality of service provided by e-commerce companies in general and online book stores in particular.
Read the entire article >>