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 (primary, secondary and debt) | $100 Mn combined financing close |
| 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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20 Oct 2026
Flipkart Targets October-End Launch for Eat-in by Minutes Food Delivery Service -
20 Oct 2026
Myntra Spends ₹2,326 Crore on Advertising as Ad Revenue Jumps 35% in FY26 -
19 Oct 2026
Super.money FY26 Revenue Triples to ₹292 Crore, but Net Loss Widens 78% -
19 Oct 2026
Amazon, Flipkart Festive Shipments Fall 10%–12% as Gadget Prices Rise -
19 Oct 2026
Cleartrip FY26 Loss Widens 28% to ₹805 Crore as Revenue Rises 21% -
18 Oct 2026
Flipkart’s Ekart Cuts FY26 Loss by 98% to ₹26 Crore as Costs Fall -
17 Oct 2026
FSSAI Issue Show-Cause Notices to BigBasket, Flipkart Over Misleading Rice Bran Oil Claims -
16 Oct 2026
Flipkart Group Posts ₹1.46 Lakh Crore Revenue in FY26, Net Loss Stands at ₹8,468 Crore -
15 Oct 2026
Myntra Swings to Net Loss of ₹579 Crore in FY26 as Revenue Drops 13% -
15 Oct 2026
Flipkart Internet’s Revenue Falls 19% to ₹16,295 Crore in FY26 -
3 Jul 2026
Flipkart says AI now writes 40% of its code -
6 Jul 2026
Navi eyes ₹3,000-crore March 2027 IPO
L Litmus · by Lapaas
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Start Free ValidationFAQs on Flipkart
Who founded Flipkart?
Flipkart was founded by Sachin Bansal, Binny Bansal in 2007.
How much funding has Flipkart raised?
Flipkart has raised $15.35 Bn across 18 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).