Flipkart
Indian e-commerce company
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2025 | Flipkart shifted its domicile from Singapore to India, consolidating its corporate structure within the country. |
May 2024 | Google announced a planned investment of US$350 million in Flipkart. |
March 2024 | Flipkart launched Flipkart UPI services in partnership with Axis Bank. |
January 28 2024 | Binny Bansal resigned from the executive team and began divesting his stake in the company. |
2023 | Flipkart launched 'Flipkart Student's Club', a virtual storefront dedicated to academic needs of students. |
2023 | 'Flipkart Green' venture was created to provide certified sustainable products for environmentally-conscious customers. |
December 22 2023 | Flipkart confirms plans to raise US$600 million from Walmart as part of a total fundraising plan of US$1 billion, with an expected valuation between US$34-37 billion. |
August 2023 | Flipkart introduced Spoyl, an in-app fashion platform targeting Gen Z, featuring a unisex product navigation system. |
2022 | A group of scammers was arrested in Lucknow for a fraudulent scheme involving replacing ordered Apple products with bricks while selling on the Flipkart platform, cheating customers and the company. |
2022 | Launched Flipkart Ventures with a $100 million venture fund to invest in 6 startups through Flipkart Leap Ahead accelerator program. |
2022 | Flipkart co-founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal. |
2022 | Revised seller policies to make the platform more seller-friendly, including simplifying rate cards and reducing return cost fees. |
2022 | Separated PhonePe's ownership, with shareholders in India and Singapore purchasing shares of PhonePe's India entity, and announced a cash payout of approximately $700 million to former and current employees. |
2022 | Walmart Foundation and Flipkart Foundation donated INR 2 crore for flood relief work in Assam. |
October 2022 | Entered NFT and Web3 segment by launching Flipverse, a metaverse-based shopping platform created in partnership with eDAO, allowing users to explore products and shop interactively. |
April 2022 | Launched first grocery fulfilment center in Northeast India (Guwahati), operated by women to promote inclusion, and established Flipkart Foundation to support entrepreneurship and skill development. |
2021 | Flipkart was ranked top in the annual Fairwork India Ratings, evaluated across 10 points including fair pay, conditions, contracts, management, and representation. |
2021 | Flipkart started Flipkart Health+ through an app, acquiring a 75.1% majority share in Sastasundar Marketplace Limited to provide online pharmacy services. |
December 2021 | Expanded Shopsy to the grocery delivery segment, operating in 700 cities across India. |
July 2021 | Launched Shopsy, a social commerce marketplace allowing individuals and small businesses to sell and resell products via social media channels. |
April 2021 | Acquired travel booking portal Cleartrip and entered the hotel industry for Indian and global markets, also acquiring Cleartrip's business in the Middle East. |
March 2021 | Considered going public through a SPAC merger to expedite US listing process. |
March 28 2021 | Premiered 'Aage Kya', a 40-episode Hindi quiz show |
February 13 2021 | Launched 'Dating Aaj Kal', a 30-episode Hindi game show |
January 16 2021 | Introduced 'F.Y.I. - For Your Information', a Hindi game show |
January 9 2021 | Premiered 'Kaun? Who Did It?', a 35-episode Hindi crime show |
2020 | Launched Flipkart Wholesale, an online marketplace for kiranas and MSMEs, and acquired 100% stake in Walmart India Private Limited's Best Price cash-and-carry business. |
December 15 2020 | Launched 'Prize Wali Paathshala', a Hindi game show |
November 2020 | Acquired the intellectual property of gaming startup Mech Mocha and augmented reality company Scapic to enhance user engagement and content creation capabilities. |
November 18 2020 | Released 'Ladies vs Gentlemen', a 30-episode Hindi game show |
October 2020 | Acquired a 7.8% stake in Aditya Birla Fashion and Retail for US$204 million. |
September 28 2020 | Premiered 'Sabse Funny Kaun', a Hindi comedy show |
September 18 2020 | Launched 'Power Play with Champions', a 60-episode Hindi quiz show |
July 2020 | Acquired 27% stake in Arvind Youth Brands for US$35 million and rolled out Flipkart Quick, a hyperlocal 90-minute delivery service for various product categories. |
July 10 2020 | Premiered 'Super Fan', a Hindi game show |
July 6 2020 | Introduced 'Fake or Not', a 30-episode Hindi quiz show |
April 16 2020 | Launched 'Kya Bolti Public', a 30-episode Hindi game show |
April 13 2020 | Premiered 'Entertainer No.1', an 8-episode Hindi game show |
February 19 2020 | Six short films premiered simultaneously: 'Chhaju Ke Dahi Bhalle', 'Nano So Phobia', 'Sleeping Partner', 'Pinni', 'Sunny Side Upar', 'Swaaha', and 'Thappad'. |
February 19 2020 | Flipkart Video launched multiple Hindi-language short films covering diverse social themes, including online dating, aging, marital issues, family dynamics, and childhood experiences. |
November 19 2019 | Invested US$4 million in EasyRewardz, a business-to-business loyalty management platform supporting management of loyalty points among banks and brands. |
October 19 2019 | Flipkart introduced its first original content production, Flipkart Video Originals, with the launch of 'Back Benchers', a Bollywood celebrity quiz show hosted by Farah Khan. |
August 2019 | Flipkart launched its in-app streaming service Flipkart Video, competing with industry rivals like Amazon by offering premium video content curated from providers such as Viu, Voot, and TVF. |
July 2019 | Launched Samarth program to support local artisans, weavers, and craftspersons by helping them sell products online beyond their local markets, providing onboarding, cataloging, and warehousing support. |
November 2018 | Walmart increased its equity in Flipkart to 81.3%. |
November 13 2018 | Flipkart CEO Binny Bansal resigned after an investigation into allegations of personal misconduct, with Walmart citing lapses in judgment and lack of transparency. |
September 19 2018 | Flipkart Marketplace Singapore injected ₹3,463 crore into Flipkart Internet through two tranches. |
August 18 2018 | Walmart completes its acquisition of a 77% stake in Flipkart and provides US$2 billion in equity funding. |
May 11 2018 | Walmart files with the U.S. Securities and Exchange Commission, revealing a condition that allows Flipkart's minority shareholders to potentially initiate an initial public offering after four years. |
May 9 2018 | Walmart officially announces intent to acquire a 77% controlling stake in Flipkart for US$16 billion. Flipkart co-founder Sachin Bansal leaves the company after the announcement. |
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