Two Bansals (Sachin Bansal and Binny Bansal) started Flipkart 11 years ago in 2007. Even though they share the same last name and come from Chandigarh, they are not related. Just a batch apart in IIT-Delhi, they became close friends while working together at Amazon.
Flipkart was started from a humble beginning two-bedroom apartment in Bengaluru’s Koramangala area as an online bookstore. No one imagined that it would go on to become the country’s largest e-commerce player.They opened their first office in Bengaluru in 2008 followed by offices in Delhi and Mumbai in 2009. Few months back, Flipkart combined all its Bengaluru offices into one large campus spread-eagled across 8.3 lakh square feet. In 2011, Flipkart domiciled to Singapore, as it wanted to woo foreign investors to fund fast growth.Flipkart bought Phone pay, Myntra, Jabong, and eBay agreed to make a $500 million cash investment in and sell its eBay.in business to Flipkart in 2017.
