Team 10

VISION AND MISSION OF

FLIPKART
VISION:

To be the Amazon of India.

MISSION:

Providing delightful customer

experience.

2012
In 2012 the total E-commerce industry is
about $ 1 billion GMV, according to
technopak it is estimated to become $
76 billion by 2021, because 30 40 % of
India will be online with mostly 3G
users.
Because of the entrance of amazon.in in
India, the company doubled its business
in fashion business and shuts it music
business flyte and launched a payment
gateway payzippy

2013
Reached almost 10 million users.
To achieve $ 1 billion gross
merchandise value by 2015.
In 2 years they want to increase their
shipment velocity by 3 or 4 times.

2014
Flipkart raised $ 1.9 billion including
$ 1 billion round with investor.
In 2-3 years , Flipkart will be largely
an M-Commerce company.

2015
It aims to generate 2 million jobs in India. At present 33
thousand are working with the flipkart.
It acquires 44% e-commerce market share.
It has 20 million products, 40 million registered users and
ships 8 million products.
It also acquired myntra for an estimated price of $ 330
million.
It received $ 210 million from DST global.
7 lakh to 10 lakh moto handsets have being sold in India

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