You have come to the right place to know all about Flipkart.com India. From delivering books in scooters for the first online orders in Bangalore, Flipkart became the top ecommerce company for Walmart to buy its 77% stake at over 1 lakh crore rupees. It has not been an easy journey for the past one and a half decades as it has involved many rounds of funding and acquisitions to expand the business exponentially. All of this made Flipkart’s share price rise in the grey market, allowing investors to make huge returns in the past and the future. The significant reason for the surge in Flipkart’s share price is the continuous increase in the number of registered users, which has increased to over 400 million, to buy more than 150 million products in over 30 categories. It is not only from Flipkart.com but also from its other popular ecommerce platforms like Myntra, Cleartrip, Flipkart Health +, and others.
Continue reading this blog to know all about Flipkart’s stock price rising because of being part of the digital ecommerce revolution in India to give tough competition to Amazon, Reliance, and others to acquire many other ecommerce giants and also get acquired by the world’s largest retail chain Walmart to buy it from the top broker to yield high returns.
What is Flipkart.com India?
Online shopping was a new concept in India as the availability of quick & cheap internet connections, smartphones, and ecommerce companies were less until a few years ago. Following in the footsteps of Amazon in the US to become the global ecommerce giant, Flipkart, started by two IIT alumni in Bangalore, became its tough competitor in India and, with its major stake acquired by Walmart for a whopping 16 billion dollars in 2018. This is because Flipkart.com India is one of the most popular URLs for you from every nook and corner of India to buy most of the products useful in daily life online and get delivery the next day. It was only around ten years from the humble start in 2007 for its promotors to earn billions of dollars. Not only did the promotors earn huge amounts of money, but also investors as its unique business model raised the price of Flipkart stock price continuously.
What is the Flipkart share price?
Having seen Flipkart.com India, it is time to see what the current unlisted Flipkart share price is so that you can buy it from the reputed online platform to yield high returns. From Rs. 10,000 in March 2023, Flipkart’s stock price doubled in a year to over Rs. 20,000 in March 2024. It is for many reasons, including raising funds, acquisitions, sales, and others.
The above facts will help you to know all about Flipkart. You can buy at the current Flipkart share price from the top broker to make a wise and safe investment and make windfall profits. Stockify offers exclusive access to high-potential unlisted shares, empowering investors to capitalize on promising ventures before they go public. With expert analysis and secure transactions, Stockify provides a seamless experience for navigating the unlisted shares market.
