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Flipkart
AddedFeb 13, 2024
UpdatedJul 7, 2026
Flipkart

Flipkart

Acquired Subsidiary

Flipkart is an Indian e-commerce marketplace acquired by Walmart in 2018, preparing for a 2026 IPO.

HQ
Bangalore, Karnataka, IN
Founded
2007
Overview
M & A
Analysis
Compare
Fundraising
Employees
News
Website

Flipkart is an Indian e-commerce marketplace founded in 2007 by Sachin Bansal and Binny Bansal. Acquired by Walmart in 2018 for $16 billion, the company operates as a subsidiary while maintaining its brand and operations. Flipkart offers products across categories including electronics, fashion, home appliances, and groceries through its online platform and quick-commerce service Flipkart Minutes.

The company is preparing for an initial public offering in 2026 with an expected valuation between $60-70 billion. In 2025, Flipkart gained regulatory approvals to relocate its headquarters from Singapore to India ahead of the IPO. Under CEO Kalyan Krishnamurthy, Flipkart has expanded into quick commerce with over 800 dark stores and plans to double this network by the end of 2026, competing with local players like Blinkit, Swiggy, and Zepto.

Flipkart - M & A Snapshot

Open M & A

  • Walmart

    Acquired Flipkart • $16B • Aug 18, 2018

Flipkart - Similar Companies

Flipkart Ventures logo

Flipkart Ventures

KiranaKart logo

KiranaKart

Reliance Retail logo

Reliance Retail

relianceretail.com

Getkart logo

Getkart

Meesho logo

Meesho

meesho.com

Quicklly logo

Quicklly

quicklly.com

Zepto logo

Zepto

zepto.com

WareIQ logo

WareIQ

wareiq.com

Bikry logo

Bikry

bikry.com

Coupang logo

Coupang

Walmart logo

Walmart

Binks logo

Binks

getbinks.com

Razorpay logo

Razorpay

razorpay.com

Backflip logo

Backflip

backflip.com

Bukalapak logo

Bukalapak

bukalapak.com

Flipkart - Quick Facts

Who are Flipkart's competitors?

Companies similar to Flipkart include Flipkart Ventures, KiranaKart, Reliance Retail and Getkart.

When was Flipkart founded?

Flipkart was founded in 2007.

Where is Flipkart's headquarters located?

Flipkart's headquarters is located in Bangalore, Karnataka, IN.

When was Flipkart's last funding round?

Flipkart's most recent funding round was for $1.4B (USD) in July 2023.

How much has Flipkart raised to-date?

As of Jul 31, 2023, Flipkart has raised a total of $56.1B (USD).

Flipkart - Classification

Ownership
  • Public
Technology
  • Logistics
Geographic Exposure
  • India
Model
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Ecommerce
  • Retail
Tags
  • Marketplace
NAICS
  • 459200Book Retailers and News Dealers
  • 459210Book Retailers and News Dealers
  • 450000Retail Trade
  • 459000Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers
SIC
  • 5940Miscellaneous Shopping Goods Stores
  • 5942Book Stores
  • 5900Miscellaneous Retail
Show 10 more industry codes
NAICS
  • 440000Retail Trade
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 5990Retail Stores, Not Elsewhere Classified
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 5999Miscellaneous Retail Stores, Not Elsewhere Classified
  • 7372Prepackaged Software