Flipkart is an e-commerce platform. The company was established in 2007 by Binny Bansal and Sachin Bansal. It is headquartered in Bengaluru, Karnataka, India. In August 2018, Flipkart was acquired by Walmart for $16 billion, giving the latter a 77% share of ownership over the company. Flipkart operates only in India.
Be it for shopping, selling or affiliate marketing, Flipkart is one of the best online stores with its massive range of products and services across numerous categories like electronics, fashion, home décor, baby care, gaming, books, automobile, sports and more. Scores of affiliate marketers have made tons of money promoting the Flipkart affiliate program on their site. If you want to be a part of the Flipkart affiliate marketing program too, all you need to do is sign up with Cuelinks and start using our tools. This 2 minute content monetization tool helps you monetise your site easily and promote other affiliate programs along with Flipkart affiliate program. You will earn Flipkart affiliate commission based on the category of the product that a user purchases on Flipkart via your website.
Flipkart initially only sold books through the website in 2007. In 2010, the company starts selling products such as music, movies, and mobile phones. These categories later expanded into lifestyle and fashion products in 2012. Many of these product category expansions come from the acquisition of companies operating within these industries, such as Myntra, an online fashion retailer (Wikipedia). As of September 2019, Flipkart advertises that it offers more than 80 million products in 80 product categories, ranging from electronics to sports and music equipment.
Flipkart has managed to raise a total funding of $7.5 billion from 19 rounds of financing, with its most recently held one occurring in January 2019. This round was a corporate round, amassing $200.8 million. This marks Flipkart’s first funding round after being acquired by Walmart. e-Bay contributed capital during this round.
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