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Flipkart is one of India's leading e-commerce platforms, known for its vast product range and competitive pricing. Founded in 2007 by Sachin Bansal and Binny Bansal, Flipkart has evolved from a small online bookstore to a major player in the Indian retail market, competing directly with Amazon India. With a strong presence in categories like electronics, fashion, and home essentials, Flipkart continues to innovate and expand its offerings.
The Rise of Flipkart: A Founding Story
Flipkart's journey began in a small two-bedroom apartment in Bengaluru, where its founders, Sachin and Binny Bansal, started selling books online. Over the years, Flipkart has grown significantly, expanding its product categories and acquiring several companies, including Myntra and Cleartrip. Today, Flipkart is headquartered in Bangalore and is owned by Walmart, which acquired a majority stake in 2018. The company has a workforce of over 22,000 employees and operates across India, with plans to list on Indian stock exchanges in the future.
Product Overview
Flipkart offers a wide range of products across various categories, including electronics, fashion & apparel, home & furniture, beauty & personal care, and books & media. Electronics are particularly popular, with partnerships with brands like Samsung and Apple. Fashion is another strong category, featuring brands like Adidas and Levi's. Flipkart also offers competitive pricing and frequent discounts, making it a go-to destination for bargain hunters.
Savings Opportunities
Flipkart is known for its generous discounts, especially during major sales events like Big Billion Days. The platform offers loyalty programs and regular sales, providing customers with opportunities to save up to 50% or more on popular items. Flipkart also features special promotions and occasional student discounts, making it a favorite among deal-seekers.
Shopping Tips & Policies
Flipkart offers a 30-day return policy for most items, allowing customers to request refunds or replacements easily. Coupon codes can be redeemed during checkout, but they often come with restrictions like minimum purchase requirements. To maximize savings, customers can combine offers by using coupons on already discounted items during sales events.
FAQ
Q. What is Flipkart's founding story?
Ans. Flipkart was founded in October 2007 by Sachin Bansal and Binny Bansal, initially selling books online from a small apartment in Bengaluru. Over time, it expanded into various product categories and became a leading e-commerce platform in India.
Q. Who owns Flipkart?
Ans. Flipkart is owned by Walmart, which acquired a majority stake in 2018.
Q. What are Flipkart's most popular product categories?
Ans. Flipkart's most popular categories include electronics, fashion & apparel, home & furniture, and beauty & personal care.
Q. Does Flipkart offer global shipping?
Ans. Flipkart allows Indian sellers to sell globally through partnerships like eBay, but it does not directly offer global shipping for all products.
Q. What is Flipkart's return policy?
Ans. Flipkart offers a 30-day return policy for most items, allowing customers to request refunds or replacements.
Q. How can I use coupons on Flipkart?
Ans. Coupons can be redeemed during checkout, but they often have restrictions like minimum purchase requirements.
Q. Does Flipkart have a loyalty program?
Ans. Yes, Flipkart offers loyalty programs and regular sales to provide customers with savings opportunities.
Q. What are Flipkart's typical discount percentages?
Ans. Discounts can range from 10% to over 50% during major sales events.
Q. Does Flipkart offer student discounts?
Ans. Occasionally, Flipkart offers special promotions and discounts for students.
Q. How can I maximize savings on Flipkart?
Ans. To maximize savings, combine offers by using coupons on already discounted items during sales events.
Q. Is Flipkart planning to go public?
Ans. Yes, Flipkart plans to list on Indian stock exchanges in the future as part of Walmart's strategy.