BIRTH OF FLIPKART.COM
Sachin Bansal (CEO and Co-founder) & Binny Bansal
(COO and Co-
founder) started India’s Own
Amazon.com named as Flipkart.com in October 2007selling currently a book a minute emerging as largestonline book store in India with a intial investment of 4lakh rupees
Flipkart.com ventured into E-commerce in 2007 bytheir founders as
They were IIT-Delhi graduates
Big believers and passionate about E-commerce
Sniffed the trend of increasing internet penetrationin India.
Had better knowledge of technology, distributionand logistics.
Would give better experience to consumer in termsof user friendliness and safe and secure net-payment options.