How the loss making start up manages their cash flow, how this type of startup survive ? How investors still invest ? (Flipkart reported a loss of over 48 billion Rs in the year 2023 in India).
Anonymous 4
Hey I am on Medial • 1y
Walmart invested $3.5 billion in Flipkart, increasing its stake to 80.5% in 2023, don't forget that, they definitely see it being a household name in a few years.
Flipkart purchased Myntra in 2014.
Flipkart purchased Jabong via Myntra in 2016.
Walmart purchase Flipkart in 2018.
Flipkart killed Jabong in 2020.
Is it fair to purchase a company just to kill it?
_S
Phonepe was acquired by Flipkart in 2016.
Later
In Dec 2022, PhonePe separated from Flipkart, but both companies are still owned by Walmart.
So, why need another UPI app?
The value of mobile phone manufacturing in India was estimated to amount to 3.5 trillion Indian rupees in fiscal year 2023.
0 replies2 likes
VCGuy
Believe me, it’s not... • 10m
A few days ago, Flipkart introduced its new UPI service, Supermoney.
⏮️The interesting part: Let's go back a few years -
Dec, 2015: 3 former Flipkart exec's start PhonePe.
Apr, 2016: Flipkart acquires PhonePe for $20 M.
Aug, 2018: Walmart acquires
India's gaming industry has grown rapidly, with game downloads increasing from 5.65 billion in 2019 to 9.5 billion in 2023
0 replies
VCGuy
Believe me, it’s not... • 3m
Flipkart is rapidly increasing its dark store count, targeting 550 locations ahead of the Big Billion Days sale in November.
Likely that top selling products on Flipkart like Smartphones, electronics, appliances - will be delivered in minutes.
The significant growth in Walmart International's advertising arm during the first quarter ended April 30, 2025, was largely fueled by Flipkart's strong performance.
Walmart CFO John David Rainey noted in the earnings call, "... Our advertising bus
See More
0 replies9 likes
VCGuy
Believe me, it’s not... • 9m
In 1996, Kleiner Perkins invested $8 million for a 15% stake in Amazon.
Reflecting on that time, John Doerr, now Chairperson of Kleiner Perkins, shared his insights about Jeff Bezos and Amazon.
Flipkart is preparing for an IPO.
Zepto is gearing up for an IPO.
Coca-Cola is selling its 40% stake to Jubilant.
And Mondelez is interested in acquiring Hershey's.
2 replies5 likes
gray man
I'm just a normal gu... • 10d
Flipkart, the ecommerce powerhouse backed by Walmart, is said to be strategically scaling back the expansion of its rapid delivery service, Flipkart Minutes. This adjustment reportedly focuses its reach on the six to eight largest metropolitan areas
