How IIT-alumnus Sachin Bansal built Flipkart into a big online brand

[Zangetsu]

"It has taken Sachin Bansal, 32, a mere six years to build Flipkart, the country's best-known online retail brand."

The IIT-Delhi alumnus started off with college friend BinnyBSE 5.00 % Bansal in a small flat in southeast Bangalore in 2007 with Rs 4 lakh.

The two, who are not related to each other, had worked in Amazon India for a few months before they launched Flipkart.

Source: ET Awards 2012-13: How IIT-alumnus Sachin Bansal built Flipkart into a big online brand - The Economic Times

 

[Flash]

It all starts with customer's trust.
But nowadays, flipkart do deviate from its inceptionary roots with higher prices on certain items than others.

 

[cyborg47]

I heard a different story about how they exploited the government's rules

 

[Darth Vader]

I heard a different story about how they exploited the government's rules

You can't make money without exploiting people.

 

[swatkats]

You can't make money without exploiting people.

True. How is Reliance Now the Top Brand without Deceiving the Govt then?

 

[Zangetsu]

Latest Update: Flipkart founders get million-dollar paychecks