Flipkart Unicorn Startup

Flipkart, a leading online shopping platform in India, was founded in 2007 by Binny Bansal and Sachin Bansal in Bengaluru. Here people can go online to buy different categories of things.

The valuation of Flipkart company has increased to more than $37 billion in the year 2023, making it one of the largest Unicorn companies in India. This means that this company has received a valuation of more than one billion dollars, which identifies it as a Unicorn Startup.

In the year 2018, Flipkart was acquired by Walmart for $16 billion, making it a member of the list of this mega-wealth company. This acquisition of Flipkart was the largest foreign investment at that time and strengthened the Indian online shopping position.

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