When Sachin Bansal and Binny Bansal met for the first time, little did they know that they would create one of the biggest Indian e-commerce platforms. Both were alumni of IIT Delhi and worked for Amazon. In 2007, Sachin and Binny quit their jobs to begin their start-up.
Sitting in their tiny apartment in Bangalore, they launched Flipkart. It started as an online bookstore that promised to deliver books upon orders, much like Amazon. Days later, their first order was placed from Mahbubnagar.
Twenty orders followed the first one, which put them in business. By 2009, Flipkart started gaining reputation. The company expanded, introducing innovations, hiring more employees, delivering more orders and expanding across India.
Gradually, their shipping categories expanded to include cameras, computers, laptops, large appliances, health and personal care products, and stationery. Within twelve years of its establishment, Flipkart became one of the biggest companies in India. 77 per cent of its shares are now held by Walmart.
Picture Credit : Google
