Which Indian e-commerce company was founded by Sachin Bansal and Binny Bansal? The answer is Flipkart.
The two Bansals founded Flipkart in Bengaluru in October 2007 after working at Amazon and studying computer science at IIT Delhi. They began with a small online bookstore, operating from a two-bedroom apartment and using their own money to launch the business.
Flipkart expanded from books into electronics, fashion, home goods, groceries and other categories. Its cash-on-delivery service helped make online shopping more accessible in India, where many customers initially lacked confidence in online payments. The company later acquired Myntra and became one of India’s largest e-commerce platforms.
A common mix-up is confusing Flipkart with Snapdeal or ShopClues, which are also Indian e-commerce companies but were not founded by the Bansals. Walmart agreed to acquire a controlling stake in Flipkart in 2018, making it part of Walmart’s global e-commerce strategy.