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February 07, 2016 11:07 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 Executive Chairman
Chief Financial Officer
Age: 55
President of Operations
Chief Technology Officer, Senior Vice President and Head of Engineering
Compensation as of Fiscal Year 2015.

Flipkart Online Services Pvt. Ltd. Key Developments

Tribhovandas Bhimji Zaveri Ltd to Partner with Flipkart to Expand its Online Presence

Tribhovandas Bhimji Zaveri Ltd. has tied-up with Flipkart to offer consumers TBZ –The Original’s diamond jewellery and gold coins on Flipkart’s online market place. The company will go live very soon on Flipkart to sell their exquisite range of diamond jewellery consisting of rings, earrings, pendants, bracelets and gold coins and the same shall be available and accessible to discerning buyers on Flipkart at affordable prices.

Alibaba Seeks Flipkart Acquisition

Alibaba Group Holding Limited (NYSE:BABA) is seeking to acquire a stake in Flipkart Online Services Pvt. Ltd., according to three people familiar with the matter. The talks are at a very initial stage and the likelihood of a deal is a function of Flipkart’s willingness to offer a discount on its current valuation of $15 billion, the three added. Spokespersons at Flipkart, Snapdeal and Alibaba did not respond to e-mails seeking comment. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group.

Flipkart and Mahindra & Mahindra Tie-Up for Online Booking of Mahindra KUV100

Flipkart has entered into an agreement with Mahindra & Mahindra Ltd. to begin online bookings for the latter's sports utility vehicle KUV100. The online bookings for the compact SUV will open from the mid-night of 18 January 2016. The KUV100, has been conceptualised and developed to create an entirely new category. The KUV100 is a compact SUV where 'K' stands for 'kool' and trendy generation of youth, while UV represents an SUV. The numeric '100' represents the pecking order of the series which comes in below TUV300 and XUV500. Designed in-house and engineered at M&M's research and development facility in Chennai. The KUV100 will be powered by an all-new engine mFALCON, with options of both petrol (mFALCON, G80) and diesel (mFALCON, D75). The mFALCON is a compact lightweight engine built to deliver peppy and high performance.

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Type
Date
Target
Private Placement
January 19, 2016
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Private Placement
December 23, 2015
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Private Placement
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