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April 27, 2015 6:10 AM ET

Internet and Catalog Retail

Company Overview of Flipkart Online Services Pvt. Ltd.

Company Overview

Flipkart Online Services Pvt. Ltd. owns and operates an online shopping Website in India. It provides books, movies, music, games, consoles, gaming accessories, mobiles, mobile accessories, cameras, camera accessories, computers, computer accessories, network components, software, peripherals, home and kitchen appliances, TV and video products, and personal and health care products. Flipkart Online Services Pvt. Ltd. was founded in 2007 and is based in Bengaluru, India.

No. 447/B, 1st A Cross

12th Main, 4th Block

Opposite BSNL Telephone Exchange

Koramangala

Bengaluru,  560034

India

Founded in 2007

Phone:

91 80 3023 7000

Fax:

91 80 3023 7000

Key Executives for Flipkart Online Services Pvt. Ltd.

Co-Founder and Chief Executive Officer
Co-Founder and Chief Operating Officer
Chief Financial Officer
Age: 54
President of Operations
Marketing Chief, Head of Flipkart Commerce Platform and Director
Compensation as of Fiscal Year 2014.

Flipkart Online Services Pvt. Ltd. Key Developments

Flipkart Announces Executive Appointments

Flipkart announced that it has roped in Peeyush Ranjan as its new senior vice president and the head of engineering. Ranjan, who till recently led the engineering team in Google's Android One program and been in Google for last nine year, will soon be leading the Flipkart engineering team, the company stated. Ranjan has also served as managing director of Google India's R&D department and the engineering head in Motorola's Value Devices. Ranjan will be teaming up with the head of Flipkart commerce platform Mukesh Bansal to enhance the technology expertise and present it as a top-end technology firm. Flipkart has also hired the former Motorola and Google employee Punit Soni as its new chief product officer.

Flipkart, Amazon Reportedly Eye 49% Stake In Future Supply Chain Solutions

Kishore Biyani is in talks with e-commerce majors Flipkart Online Services Pvt. Ltd. and Amazon.com Inc. (NasdaqGS:AMZN), among others, to sell a 49% stake in Future Supply Chain Solutions Ltd. valued at $400 million, people directly aware of the matter said. When contacted by Times of India, Kishore Biyani said Future Supply Chain was looking to divest shares or go public going forward however, he declined to share details on the potential deal.

Xiaomi Ends Exclusive Arrangement with Flipkart, Snapdeal & Amazon

Xiaomi has ended its exclusive arrangement with Flipkart and will now be selling its handsets on both Snapdeal and Amazon in India. This marks a shift in the company's policy to sell phones as it is looking at new avenues to market its mobile devices in India.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 5, 2015
AdIQuity Technologies Pvt. Ltd.
Merger/Acquisition
December 16, 2014
JiGrahak Mobility Solutions (P) Ltd.
Private Placement
November 24, 2014
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