Flipkart valuation, funding & news

Features Customers Docs Pricing

Unlock Full Access Sign In

Your Feed

Home > Companies > Flipkart

Flipkart

Acquired by Walmart

Online marketplace for electronics, fashion, groceries, and home goods across India

Valuation

$20.80B

2018

Funding

$15.30B

2023

Details

Headquarters

Bengaluru, India

Website

flipkart.com

Milestones

FOUNDING YEAR

2007

ACQUIRED

August 2018

Reports

Research and interviews about Flipkart.

Loading reports…

News

The latest coverage and announcements from Flipkart.

Filings

Company documents and regulatory filings for Flipkart.

Name	Type	Filed At	Actions
No filings found.

Date	Event	Valuation	Amount	Price	Status
Aug 2018	Acquired by Walmart Sources Walmart To Buy 77 Percent Of India S Flipkart For 16 Billion bloomberg.com "The world's largest retailer will acquire a 77 percent holding in Flipkart Group for $16 billion, the companies said in a statement. Flipkart co-founder Binny Bansal and other shareholders will hold the remainder. The tie-up values the Indian e-commerce giant at about $20.8 billion" Walmart Confirms 16b Flipkart Investment Giving It 77 In Indias E Commerce Leader techcrunch.com "The investment will value Flipkart — India's biggest online retailer with 54 million active customers and projected gross merchandise value of $7.5 billion for 2018 — at $20.8 billion when the deal closes." Walmart Flipkart Deal Done techcrunch.com "Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian e-commerce company. The deal was first revealed back in May and now it has closed after receiving the necessary approvals. It sees Walmart take a 77 percent share in the company" Exhibit991 sec.gov "Subject to regulatory approval in India, Walmart will pay approximately $16 billion for an initial stake of approximately 77 percent in Flipkart, formally Flipkart Private Limited. ... Walmart's investment includes $2 billion of new equity funding, which will help Flipkart accelerate growth in the future." Reuters America Indian Regulator Clears Walmarts 16 Bln Acquisition Of Flipkart cnbc.com "Indian regulator clears Walmart's $16 bln acquisition of Flipkart"	$20.8B	—	—	Closed
Unlock Flipkart data Sign up for data access