About Flipkart subsidiaries and other facts

Here we talk About Flipkart subsidiaries and other facts. Walmart is the Parent Organization of Flipkart. In August 2018, U.S-based retail chain Walmart got an 81% managing in Flipkart for US$16 billion. Although, Walmart is an American multinational market corporation that works with a chain of essential stores and supermarket stores. Here’s About Flipkart subsidiaries and other facts. 

Who are the owner and the parent organization of Flipkart?

Walmart is the Parent Organisation of Flipkart. Sachin Bansal and Binny Bansal founders of Flipkart, and they were founds in 2007. Also, Flipkart is an India-based E-marketplace.

Products and Services of Flipkart

Flipkart is Indian best e-commerce marketplace with over 80 million products beyond 80+ categories. Flipkart gives everything you can think about trending electronics. Such as laptops, tablets, smartphones, and mobile accessories to in-trend fashion staples. Such as shoes, clothing, and lifestyle products. As well As modern furniture including sofa sets, dining tables, and wardrobes to use that make your life comfortable. They also provide electronics such as washing machines, TVs, ACs, mixer grinder juicers, and other time-saving kitchen items and small devices.

In addition, Flipkart covered all products list for home furnishings. Like pillow covers, mattresses, and bed sheets also toys for babies, and musical instruments. You have to fill in the item name, and you can get them all here. This e-commerce nevermore shuts down.

Flipkart Subsidiaries

As per the search, More than 1 billion people have using Flipkart for shopping. Also, e-commerce makes bulk one of the most trendy e-retailers in India. Also, Flipkart has subsidiaries like Myntra, PhonePe, eBay, Ekart, Jeeves, MapmyIndia, and Jabong, and so on. Although, Myntra starts to run beside Flipkart as a standalone subsidiary. Also, the site concentrates on an upscale, fashion-conscious market. While Flipkart itself focuses on the mainstream market and worldwide brands. Subsidiaries of Flipkart are:

Flipkart starts a few Names, taglines, Logo

The founders of Sachin Bansal and Binny Bansal want a name that speaks in could. Ahead books and one which was fit for different product categories that could be expanded in the future. Flipkart indicates flipping things into shopping kart.

The logo of Flipkart changed dual time, and there have been many taglines. That the company has moved through for different times, some of which include:

• Be Trendy, Always.
• Abhi Nahi To Kabhi Nahi.
• Ab Har Wish Hogi Poori.
• If it is trendy, it is on Flipkart.

Flipkart-Big Billion Sale Success

The delivery goes nearby one-crore shipments in one week of the Big Billion Day sale. Also, it built a permanent mark on the e-commerce trade. Moreover, Flipkart saw a 10X increase from the last festive Big Billion sale. The platform had almost 110 orders placed per second that ranged over various products, Such as electronics, fashion, books, furnishing, Kitchen devices, etc.

Flipkart sets Target Market Size

Flipkart uses a similar targeting plan, as people of all demography buying items online. Which available to everyone where the delivery is possible. As per the National & Multinational E-commerce organizations are giving neck-to-neck equal match to each other. Flipkart placed itself as a trustworthy and customer-friendly E-commerce stigma. Mainly, The online retail business market is of a size of almost 60 billion USD. Also, It is expected to touch 200 billion by the year.

Flipkart – Business Model and Revenue Model

Flipkart works on a B2C business model, which stands for the Business to Consumer model. The company initially started with a direct customer model where? It sold books and some other products. Nowadays, it becomes a marketplace with many optional lists of products. Also, Flipkart declares it has over 80 categories and over a million marketers on board from all over India. Moreover, The company started an uncommon feature of value word by offering 24 x 7 help to the customer. It may vary from 5% to 20% exclude the taxes and discounts.

Flipkart – Funding & Investors

Flipkart raised a total of $7.7B in funding over 22 steps. Their updated funding was raised on Dec 3, 2019, from a Corporate Round. Although, Flipkart started with the first capital of $6000 in the year 2007. In 2008, Accel India, an investment capital firm, gave funding of $1 million. Next to a year in 2012, Flipkart grew a unicorn startup and South African Tec Major Naspers declared further fund of $150 million.

Competitors of Flipkart 

The service competes essentially with Amazon’s Indian subsidiary and the national competitor Snapdeal. In March 2017, Flipkart took a 39.5% market share of the Indian e-commerce trade. Although, Flipkart is significantly ruling in the sale of clothes because of position supported on additions of Myntra and Jabong.com. Also named as holding “neck and neck” with Amazon in the sale of electronics and mobile phones.

Flipkart makes Future Plans

Nowadays, co-founders do not help Flipkart anymore, but the brand starts to stand high despite all the challenges. Flipkart never is scare of taking risks, and that is one of its key benefits. From books to electronics and home hold products and other things, it grew a lot in the past 12 years and will stay open irrespective of the change in stockholders or opponents.

In the end, Walmart’s major investment in Flipkart means better service furthermore market presence for the last. Improvement in e-commerce, a high range of products, best products, and improved combinations with small businesses are just a few pieces of the changes. We can demand from Flipkart in the coming time. And here are some About Flipkart subsidiaries and other facts.

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