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Flipkart, founded in 2007 by Sachin Bansal and Binny Bansal, emerged as one of India's leading e-commerce platforms. Initially starting as an online bookstore, Flipkart rapidly expanded its offerings to become a one-stop destination for a wide range of products. Background: In its early years, Flipkart faced numerous challenges typical of startups, including logistical hurdles, funding constraints, and fierce competition. However, through innovative strategies and a customer-centric approach, Flipkart quickly gained traction and established itself as a pioneer in the Indian e-commerce landscape. Flipkart quickly became India's second unicorn firm after a tech company invested USD 150 million in 2012.
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Binny Bansal: The Tech Entrepreneur Who Transformed Indian E-commerce Early Life and Education Binny Bansal was born in Chandigarh, India, in 1983 to a business family. His early education took place in Chandigarh, where he attended a local school
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After successfully building and selling Scapic, an AI/AR startup, to Flipkart and then leading deep-tech innovation at Flipkart Labs, entrepreneurs Sai Krishna V K and Ajay P V have now launched their next big venture: ShopOS, an AI-native operating
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Flipkart co-founder Binny Bansal has committed Rs 70 crore to set up the Binny Bansal Institute for Inventing the Future (IIF) at Mohali-based Plaksha University. The newly-launched institute will focus on artificial intelligence (AI), blockchain, a
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