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HigherLevelGames
Learning | Earning • 1y
Game Changing Growths of India [ PART 3 ] Flipkart was found in October 2007, in Bengaluru. They initially started by selling books and the initial investments were made by the families of the founders. In 2012, Flipkart acquired Letsbuy, an online electronics retailer and "Myntra", an online fashion retailer for $280 million. FLIPKART ALWAYS HAD THEIR EYES ON THE INDIAN RETAIL MARKET In October 2014, Flipkart started the "Big Billion Days" event from which they achieved a gross merchandise volume of $300 million and, the largest volumes came from fashion and mobile sales. Through years, Flipkart acquired many companies (mainly fashion and electronics related). Even though they had a great growth through the years, "Flipkart" recived bad comments as they provide damaged products to their customers. Maybe it's not their mistake, but customer satisfaction is important in the end.
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