Wednesday 28 May 2014

flipkartshopping

History
flipkart was established in 2007 by Sachin Bansal and Binny Bansal, both graduates of the Native Indian Institution of Technological innovation Delhi. They had been working for Amazon.com formerly. The business was officially integrated as a organization in Oct 2008 as Flipkart Online Services Pvt.Ltd. During its initaly years, Flipkart targed only on guides, and soon as it extended, its started providing other items like electronic products, air conditioning units, air chilleers , invitations provides and lifestyle items and e-books. The first product marketed by them was the book making Microsoft Company to Change the World, purcased by VVK Chandra from Andhra Pradesh. Flipkart now utilizes more than 4,500 people. Flipkart's providing of items on cash on distribution is considered to be one of the significant reasons be hind its success. Flipkart also allows other payment methods-charge or credit cards dealings,net financial, e-gift coupon and cards run on distribution.

Finance
On Nov 2012, Flipkart became one of the companies being probed for claimed offenses of FDI rules of the Foreign Return Control Act 1999,.
In this summer 2013, Flipkart brought up USD 160 thousand from private value finance traders, taking the complete to USD 360 thousand in its latest finance increasing drive to build and improve technology and improve its provide sequence.
In Oct 2013, it was revealed that Filpkart had brought up an additional $160 thousand from new traders Dragoneer Financial commitment Team, Morgan Stanley Prosperity Control, Sofina SA and Vulcan Inc. With contribution from current trader Competition International. With this, the organization has brought up a complete $ 360 thousand in its fifth circular financing , the biggest investment brought up by an Company online in Native Indian, copying In Moni's $200 thousand investment from Softbank in Sept 2011. The organization respected at approximately. 99 billion dollars (US$1.7 billion) (Nov 2013), and plans to use the investment brought up to improve its technology and provide sequence abilities, improve its end consumer experience and for choosing.
On 26 May 2014, Flipkart's declared that it has brought up $210 thousand in a financing circular that was led by European Online magnate Yuri Milliner's DST International. Flipkart's current traders, Competition International, Naspers, and Iconiq Capital also took part in the financing circulate, the organization said in an argument. The statement comes days after Flipkart Obtained Myntra in Excess of $300 thousand.

Flip kart is the largest player of e-commerce of India and score is(4.84). You can buy all types of accessories like, Laptops, computer accessories, cameras,movies,music,televisions, refrigerators, air conditioners,washing-machines, MP 3 players and products form a host of other categories, After take over of letsbuy.com now flip kart is largest player of e - commerce of India.Are you interested to shopping in flipkart click the link below.

Flipkart.com