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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.
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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]
Ather Energy is an Indian electric two-wheeler manufacturer, headquartered in Bangalore. It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters known as the Ather 450 Apex, Ather 450S, Ather 450X, Ather 450X Pro and Ather Rizta. It has two EV manufacturing facilities, one in Whitefield, Bangalore ...
Depending on a person’s income, rebates could cover up to three quarters of a $1,500 e-bike purchase. But with a total of $2 million to send out in 2024, only about 1,300 people are likely to ...
Legislation in progress: There may be rebates of up to 50 percent on e-bike purchases (capped at $1,100) coming soon to New York State if the Ride Clean e-bike program passes. Learn more here .
Myntra continues to operate as a standalone brand under Flipkart's ownership, focusing primarily on "fashion-conscious" consumers. [ 14 ] In 2014, Myntra's portfolio included about 1,50,000 products of over 1,000 brands, with a distribution area of around 9,000 pincodes in India. [ 15 ]
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