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
10,000+
Total Funding
$14.8B
18 rounds
Latest Valuation
$35B
Dec 21, 2023
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $14.8B across 18 rounds
Last updated 08-12-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 25, 2024 | Series N (Tracxn label Series J) | $350M | — | |
| Dec 21, 2023 | Walmart infusion | $600M | $35B | Walmart |
| Jul 31, 2023 | Secondary — Walmart purchase of Tiger Global stake Bloomberg | $1.4B | $35B | Walmart |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
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.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.