Is Flipkart a Swadeshi Company?
India's largest e-commerce marketplace for electronics, fashion, and lifestyle products
Frequently Asked Questions
No, Flipkart is not owned by Indians. It is currently owned by Walmart from United States. Walmart (majority stake ~77%).
Flipkart was founded in India in 2007 by Sachin Bansal, Binny Bansal. However, it was acquired by Walmart in 2018, making it a foreign-controlled company despite its Indian origins.
No, Flipkart is not a Swadeshi company. Acquired by American retail giant Walmart in 2018, making it foreign-controlled despite Indian origins
Flipkart is owned by Walmart from United States. Walmart (majority stake ~77%). The acquisition took place in 2018 for $16 billion.
Flipkart is not publicly listed on Indian stock exchanges as a standalone entity.
Flipkart was acquired in 2018 by Walmart for $16 billion.
One of the largest e-commerce acquisitions globally, reduced Indian ownership in the domestic e-commerce sector
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