Flipkart Investor Acquired
India's largest ecommerce marketplace, founded in 2007 by Sachin Bansal and Binny Bansal in Bengaluru; started as an online bookseller before expanding into electronics, fashion, groceries and other categories. Walmart acquired a 77% controlling stake for roughly $16 billion in May 2018, the largest deal in Walmart's history and India's biggest ecommerce acquisition.
Flipkart: Funding Rounds
Flipkart: Recent Investments
| Date | Company | Round | Amount |
|---|---|---|---|
| 27 Feb 2024 | Shadowfax | Series E | $100 Mn |
| 14 Dec 2021 | Ninjacart | Undisclosed | $145 Mn |
| 12 Oct 2020 | Ninjacart | Undisclosed | ~$30 Mn (ET estimate; exact quantum not disclosed by Walmart/Flipkart) |
| 11 Dec 2019 | Ninjacart | Undisclosed | ~$50 Mn (unconfirmed estimate, deal size not disclosed by company) |
| 5 Dec 2019 | Shadowfax | Series D | $60 Mn |
| 21 Mar 2017 | BlackBuck | Series C | $70 Mn |
| 10 Dec 2015 | BlackBuck | Series B | $25 Mn |
| 3 Dec 2015 | MapmyIndia | Secondary | |
| 1 Jul 2015 | NestAway | Series B | $12 Mn |
| 1 Jan 2015 | BlackBuck | Series A | $5 Mn |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 15 Apr 2021 | Flipkart | Cleartrip | ~$40 Mn | source |
| 9 May 2018 | Walmart | Flipkart | $16 Bn for a 77% stake | source |
| 10 Apr 2017 | Flipkart | eBay India | Undisclosed | source |
| 1 Apr 2016 | Flipkart | PhonePe | Undisclosed | source |
| 22 May 2014 | Flipkart | Myntra | ₹2,000 Cr (~$327.71 Mn) | source |
| 9 Feb 2012 | Flipkart | Letsbuy.com | ~$25 Mn (estimated) | source |
News on Flipkart
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29 Aug 2026
Flipkart Minutes Sees 3X Raksha Bandhan Shopping Spike -
26 Aug 2026
Flipkart Minutes Overtakes Swiggy Instamart In Dark Stores Across Top 10 Cities -
24 Aug 2026
Amazon, Flipkart Revise Seller Fee Structures Ahead of Festive Season -
24 Aug 2026
Flipkart Introduce ₹30–₹90 Penalties For Late Dispatches And Seller Cancellations -
23 Aug 2026
Flipkart Minutes Hits 1,000 Stores in 2 Years -
19 Aug 2026
Flipkart Talks to 300 Restaurants for Bengaluru Food Delivery Pilot -
14 Aug 2026
Navi Plans ₹3,000 Crore December IPO, Targets $2 Billion Valuation -
13 Aug 2026
Flipkart Gets 1.33 Lakh Consumer Complaints, Amazon Records 91,248 in 2025 -
29 Jun 2026
Flipkart DAUs lead Amazon and Meesho in India -
8 Aug 2026
Flipkart Minutes Enters Premium Grocery With Private Label ‘Pykd’ -
7 Aug 2026
Flipkart-Backed ‘Super.money’ Launches Online Shopping -
6 Aug 2026
Flipkart ESOP Buyback Compensation Taxable as LTCG, Says ITAT
L Litmus · by Lapaas
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Who founded Flipkart?
Flipkart was founded by Sachin Bansal, Binny Bansal in 2007.
How much funding has Flipkart raised?
Flipkart has raised $12.15 Bn across 16 tracked funding round(s), most recently on 2024-05-24. Figures are compiled from cited public sources.
Who are the investors in Flipkart?
Investors in Flipkart include Google, Walmart, CPP Investments, GIC, SoftBank Vision Fund 2, Antara Capital, DisruptAD, Franklin Templeton.
What does Flipkart do?
India's largest ecommerce marketplace, founded in 2007 by Sachin Bansal and Binny Bansal in Bengaluru; started as an online bookseller before expanding into electronics, fashion, groceries and other categories. Walmart acquired a 77% controlling stake for roughly $16 billion in May 2018, the largest deal…
Where is Flipkart headquartered?
Flipkart is headquartered in Bengaluru, Karnataka, India.
What is Flipkart's business model?
Flipkart's core value proposition centers on Broad online retail catalog beyond original books-only focus.
How does Flipkart make money?
Flipkart's cited revenue streams include Marketplace services (seller commissions & fees), Advertising income (Flipkart Ads), Logistics services revenue (Ekart).