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    Flipkart
    E-commerce, Retail Technology

    Flipkart

    India flagIndia

    "India's largest online marketplace"

    Founded October 2007 Bengaluru, Karnataka, India CEO: Kalyan Krishnamurthy
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    About

    Flipkart Internet Private Limited operates as a central pillar of India's digital retail landscape, anchored in Bengaluru. The platform began its journey by selling books online before rapidly diversifying into a vast marketplace for electronics, fashion, groceries, and home goods. This expansion transformed it from a niche bookstore into a general store accessible to millions across the subcontinent.

    Walmart acquired a 77% stake in the company in 2018 for approximately $16 billion, setting the stage for significant operational shifts. Following this acquisition, co-founder Binny Bansal stepped down as CEO, paving the way for Kalyan Krishnamurthy to assume the role of Managing Director and CEO in 2021. The leadership change marked a transition toward stricter corporate governance while maintaining the agility required for India's competitive market.

    Recent strategic moves highlight an aggressive push into quick commerce with the launch of the standalone Minutes app in September 2026. This platform has achieved four times growth over two years and now serves over 150 cities, directly challenging established players like Blinkit and Swiggy Instamart. Beyond delivery speed, the company is integrating artificial intelligence through its fintech arm Super.money, allowing users to shop autonomously via AI agents.

    Products & Sub-brands

    General MerchandiseElectronicsFashionGroceriesMinutes (Quick Commerce)Super.money (Fintech)

    Frequently Asked Questions

    Who owns Flipkart?
    Walmart holds a majority 77% stake in Flipkart following a $16 billion acquisition in 2018, while the founding team retains a minority interest.
    Is Flipkart still in business?
    Yes, Flipkart remains highly active and leads the Indian quick-commerce market with its Minutes app as of late 2026.
    Who is the CEO of Flipkart?
    Kalyan Krishnamurthy serves as the Managing Director and CEO, having succeeded co-founder Binny Bansal after the Walmart acquisition.
    How does Flipkart compare to Amazon in India?
    Flipkart currently holds a slight lead over Amazon in the Indian market, particularly within the fast-growing quick-commerce sector and during major sales events.
    What is the current valuation of Flipkart?
    While exact figures fluctuate, the company was valued at over $30 billion following Walmart's investment, making it one of India's most valuable private companies.

    Keywords

    online shoppingIndian e-commerceWalmart subsidiaryquick commerceBig Billion Daysdigital marketplace

    Sources

    Company Info

    Founded
    October 2007
    Founder
    Sachin Bansal, Binny Bansal
    CEO
    Kalyan Krishnamurthy
    Headquarters
    Bengaluru, Karnataka, India
    Industry
    E-commerce, Retail Technology
    Parent Company
    Walmart
    Founders
    Sachin Bansal, Binny Bansal
    Acquisition Date
    August 2018
    Acquisition Value
    $16 billion
    Mascot
    Flipkart Frog
    Key Platform
    Minutes
    Market Reach
    Over 150 cities

    Official Website

    www.flipkart.com/

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