August 18, 2017 2:01 PM ET

Internet and Direct Marketing 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.

AKR Tech Park

1st floor Block 'C' Krishna Reddy Industrial Area

7th Mile

Hosur Road

Bengaluru,  560068

India

Founded in 2007

Phone:

91 80 4274 9527

Fax:

91 80 3023 7000

Key Executives for Flipkart Online Services Pvt. Ltd.

Chief Executive Officer
Co-Founder and Non-Executive Chairman
Co-Founder and Group Chief Executive Officer
Chief Operating Officer
Chief Executive Officer of Payments Unit
Compensation as of Fiscal Year 2017.

Flipkart Online Services Pvt. Ltd. Key Developments

Snapdeal And Flipkart Deal Has Been Called Off

Jasper Infotech Private Limited; A crucial meeting to settle the proposed merger of Flipkart Online Services Pvt. Ltd., due to take place in Bengaluru over on July 31, 2017 and August 1, 2017, has been called off, said three people aware of the developments.The deal now appears to be falling apart after six months of hard negotiations. J Sagar Associates and banker Credit Suisse, which are representing Snapdeal in the negotiations, were to meet with their counterparts representing Flipkart - Khaitan & Co and Goldman Sachs - in a bid to close the transaction.

SoftBank In Talks To Invest $2 Billion In Flipkart

SoftBank Group Corp. (TSE:9984) is still in talks to invest $2 billion in Flipkart Online Services Pvt. Ltd. through Softbank Vision Fund, according to sources familiar with the matter.

Snapdeal Sale To Flipkart Reportedly Put On hold

The proposed Jasper Infotech Private Limited sale to Flipkart Online Services Pvt. Ltd. has been put on hold and may be called off as the founders and shareholders of the struggling online marketplace have not yet agreed on the terms of the deal, reports Mint, citing three people familiar with the matter. Jasper InfoTech is pushing ahead with a plan to survive as an independent entity that will involve the company reducing a majority of its 1,400-plus workforce and dramatically cutting the size of its business, the people said.

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