It’s Official! Walmart Acquires Flipkart For $16 Billion. Here’s The Story Behind India’s Largest E-commerce Startup

From 2BHK to 8.3 lakh sq feet, what a ride! When two IIT-Delhi graduates left their jobs at Amazon to pursue entrepreneurial dreams, they never would have thought they were about to create a remarkable achievement in the history of Indian economy and the Startup eco system. The deal is official as Binny Bansal has tweeted about the deal.

Flipkart was founded 11 years ago in 2007 by Sachin Bansal and Binny Bansal in a two-bedroom apartment in Bengaluru’s Koramangala area as an online bookstore. From those humble beginnings it would go on to become the country’s largest e-commerce player. Here is a look back at their journey:

 

Indeed, this is the dawn of a new era for India’s Startup ecosystem.

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