Flipkart
Flipkart is India's leading e-commerce marketplace offering consumer electronics, fashion, home essentials, groceries, and lifestyle products. Founded in 2007 by Sachin Bansal and Binny Bansal, the company has grown to serve millions of customers across India. Walmart acquired a controlling 77% stake in May 2018 for $16 billion, valuing the company at $20.8 billion. The company raised $1 billion in funding in 2024, with Google investing $350 million, at a valuation of $36 billion. With approximately 15,000–20,000 employees, Flipkart holds approximately 48% market share in India's e-commerce industry.
Acquired
Flipkart has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2007
Employees
15,000–20,000
Total Funding
$14.49B
15 rounds
Latest Valuation
$35B
May 25, 2024
Funding
Total raised $14.49B across 15 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Walmart infusion
Date
December 21, 2023
Amount
$600M
Valuation
$35B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 25, 2024 | Series N (Tracxn label Series J) | $350M | — | |
| December 21, 2023 | Walmart infusion | $600M | $35B | Walmart |
| July 12, 2021 | Series M | $3.6B | $37.6B | GIC, CPPIB, SoftBank Vision Fund 2 +1 more |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series F
$7B
Jul 2014
Flipkart today
$35B
Dec 2023 · latest mark
Flipkart multiple
5.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Kalyan Krishnamurthy
Chief Executive Officer
Sachin Bansal
Co-founder (Exited 2018)
Binny Bansal
Co-founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Amazon India
Second-largest e-commerce marketplace in India with 30–35% market share and estimated GMV of $18–20 billion. Focuses on premium urban customers with 13% annual user growth.
Meesho
Social commerce platform targeting value-conscious shoppers in Tier-2 and smaller cities. GMV exceeded $5 billion in 2023 with 120 million monthly active users and 32% annual user growth. Zero-commission marketplace model.
Snapdeal
E-commerce marketplace pivoting to value-focused approach targeting budget-conscious consumers. Once a top-3 player before market consolidation.
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