August 23, 2014 4:10 AM ET

Internet and Catalog Retail

Company Overview of Flipkart Online Services Pvt. Ltd.

Company Overview

Flipkart Online Services Pvt. Ltd. operates an online shopping Website in India. It provides books, movies, music, games, consoles, gaming accessories, mobiles, mobile accessories, cameras, camera accessories, computers, computer accessories, network components, software, peripherals, home and kitchen appliances, TV and video products, and personal and health care products. Flipkart Online Services Pvt. Ltd. was founded in 2007 and is based in Bengaluru, India.

No. 447/B, 1st A Cross

12th Main, 4th Block

Opposite BSNL Telephone Exchange

Koramangala

Bengaluru,  560034

India

Founded in 2007

Phone:

91 80 3023 7000

Fax:

91 80 3023 7000

Key Executives for Flipkart Online Services Pvt. Ltd.

Co-Founder and Chief Executive Officer
Co-Founder and Chief Operating Officer
Interim Chief Financial Officer
President of Operations
Chief People Officer
Compensation as of Fiscal Year 2014.

Flipkart Online Services Pvt. Ltd. Key Developments

Flipkart Seeks Acquisitions

Flipkart Online Services Pvt. Ltd. will consider acquisitions. Flipkart is also actively scouting for companies to purchase. "We are looking across the board. We will acquire if we find interesting companies in wearable devices, fashion technology, mobile internet, and robotics and in other areas," said Flipkart's cofounder Sachin Bansal.

Flipkart Denies IPO Plans

Flipkart Online Services Pvt. Ltd. is not planning to go public. Sachin Bansal, Founder of Flipkart Online Services Pvt. Ltd. said, "IPO is not in consideration at all, we are not thinking about it. We have not settled on a business model that we can take public."

Flipkart Mulls Acquisitions

Flipkart Online Services Pvt. Ltd. is looking for acquisitions. Flipkart Online Services Pvt. Ltd. has received $1 billion in funding and will utilize the proceeds to make long-term strategic investments in India, especially in mobile technology.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 23, 2014
--
Private Placement
May 26, 2014
--
Merger/Acquisition
May 22, 2014
Myntra Designs Private Limited
 

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