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Business model. Shopsy is a zero-commission marketplace model for sellers in India. It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21][22]
Flipkart was founded in October 2007 in Bangalore [ 11 ] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12 ][ 13 ][ 14 ] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. [1] The company was founded in 2007-2008 to sell personalized gift items. [2][3][4][5] In May 2014, Myntra.com was acquired by Flipkart. [6][7][8][9] In May 2022, Myntra launched an express delivery service on its app to offer a one-of-a-kind experience ...
Open Network for Digital Commerce. Open Network for Digital Commerce (ONDC), is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce. It was incorporated on 31 December 2021 with initial investment from Quality Council of India ...
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indiamart.com. IndiaMART InterMESH Ltd is India's largest B2B online marketplace, connecting buyers and suppliers. It is headquartered in Noida and currently hosts 194 million registered buyers and 7.9 million sellers, listed on its marketplace. It has over 108 million products listed in over 98,000 product categories in across 56 industry groups.
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Flipkart Health+ (formerly known as SastaSundar Healthbuddy Limited), [2] is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India. [ 3 ] [ 4 ] The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar Healthbuddy in Kolkata. [ 5 ]