November 17, 2017 3:47 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

Flipkart Eyes Minority Stake In Future Lifestyle Fashions Limited

Flipkart Online Services Pvt. Ltd. is looking to buy stake in Future Lifestyle Fashions Limited (BSE:536507). Flipkart Online Services looks to acquire 8 to 10% stake in Future Lifestyle Fashions Limited.

Flipkart Eyes Minority Stake in Bigtree Entertainment

Flipkart Online Services Pvt. Ltd. is looking to acquire minority stake in Bigtree Entertainment Pvt. Ltd. Flipkart wants to invest fresh capital into Bigtree Entertainment as well as buy shares from some of the investors, the people with the knowledge of the transaction cited.

Flipkart Online Services Pushed Their IPO Plans Further

Flipkart Online Services Pvt. Ltd. may have pushed its IPO plans further than it had previously planned even as its latest round of sale, Big Billion Days, is off to a steady start. Flipkart has also raised about ?1,000 crore as loan from Axis Bank ahead of its biggest sale of the year. The e-commerce player has so far raised about $6 billion from venture funds. A questionnaire sent to Flipkart about its IPO plans remained unanswered. The Bengaluru-based company, started by IITians Sachin Bansaland Binny Bansal, was valued at $11.5 billion in early April after it raised $1.4 billion from eBay, Tencent and Microsoft. The IPO plans were in the offing late last year after Flipkart was struggling to raise funds even as its valuation had dipped to about $6 billion. At that time, sources in the company had said that the Bansals had been assigned the task of readying Flipkart for an IPO within 18 months.

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