Flipkart is an electronic commerce company headquartered in Bangalore, Karnataka. It was founded in 2007 by Sachin Bansal and Binny Bansal . The company is registered in Singapore. Flipkart has launched its own product range under the name DigiFlip with products including tablets, USBs, and laptop bags. According to Morgan Stanley the current market value of Flipkart is $5.54 billion as of November 2016.
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi . They worked for
Amazon.com , and left to create their new company incorporated in October 2007 as Flipkart Online Services Pvt. Ltd. The first product they sold was the book Leaving Microsoft To Change The World to a customer from Hyderabad. Flipkart now employs more than 33, 000 people.
