Who Owns Flipkart?
Flipkart is owned by Walmart Inc., a publicly traded American multinational retail corporation. Walmart acquired Flipkart in 2018 for approximately $16 billion, making it one of India's largest e-commerce platforms serving millions of customers.
Parent Company
Walmart Inc.
Acquired
2018
Status
Publicly Traded
Headquarters
Bangalore, Karnataka, India
Who Owns Flipkart?
- Parent Company: Walmart Inc.
- Ownership Type: Subsidiary
- Acquisition Year: 2018
- Company Type: Publicly Traded
- Stock Ticker: NYSE: WMT
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Flipkart | Walmart Inc. | Subsidiary |
History of Flipkart
- Founded: 2007
- Founders: Sachin Bansal, Binny Bansal
- Acquired by Walmart Inc.: 2018
Flipkart was founded in 2007 by Sachin Bansal and Binny Bansal as an online bookstore in Bangalore, India. This founding vision demonstrated exceptional insight into the growing demand for e-commerce solutions while establishing a distinctive approach that would define the Indian e-commerce category for generations. The platform initially focused on selling books online, leveraging India's growing internet penetration and e-commerce adoption. The founders recognized the opportunity to build India's first major e-commerce platform. This strategic positioning demonstrated Flipkart's exceptional ability to create differentiated e-commerce solutions while maintaining consistent brand positioning and quality standards that would define the platform for decades.
In its early years, Flipkart expanded beyond books to include electronics, fashion, and other product categories. This period of excellence demonstrated Flipkart's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple e-commerce segments. The platform pioneered cash-on-delivery payment options, addressing the challenge of online payments in India where credit card penetration was limited. This innovation helped Flipkart gain rapid adoption among Indian consumers. This strategic diversification demonstrated Flipkart's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the e-commerce industry.
Flipkart grew aggressively throughout the 2010s, becoming India's largest e-commerce platform by market share. This continued evolution demonstrated Flipkart's exceptional ability to maintain market relevance while adapting to changing e-commerce requirements and consumer preferences. The company expanded its logistics network, established fulfillment centers across India, and invested in technology infrastructure. Flipkart also launched Flipkart Plus, a membership program offering benefits to frequent shoppers. This continued excellence demonstrates Flipkart's exceptional ability to maintain market leadership while adapting to changing e-commerce dynamics and regulatory requirements.
In 2018, Walmart acquired Flipkart for approximately $16 billion, one of the largest e-commerce acquisitions globally. This strategic integration demonstrated Flipkart's exceptional ability to integrate into larger retail corporations while maintaining its core brand identity and cultural significance in the Indian e-commerce industry. This acquisition reflected Flipkart's market leadership and Walmart's commitment to India's e-commerce market. This strategic partnership demonstrated Flipkart's exceptional ability to leverage corporate resources while maintaining its distinct e-commerce identity and market leadership. Following the acquisition, Flipkart has continued to expand its offerings, including groceries through Flipkart Supermart and digital services. This continued excellence demonstrates Flipkart's exceptional ability to maintain market leadership while adapting to changing e-commerce dynamics and corporate requirements.
Flipkart has continued to innovate, launching new features, expanding into new categories, and investing in technology and logistics. This continued evolution demonstrated Flipkart's exceptional ability to maintain market relevance while adapting to changing e-commerce requirements and technological advancements. The platform remains India's largest e-commerce marketplace, competing with Amazon India and other e-commerce players. This continued excellence demonstrates Flipkart's exceptional ability to maintain market leadership while adapting to changing e-commerce dynamics and strategic vision. The platform's continued success represents a significant milestone in the evolution of Indian e-commerce and consumer-focused retail solutions.
About Walmart Inc.
What does Walmart own?
Walmart Inc. owns and operates Walmart discount stores, Walmart Supercenters, Walmart Neighborhood Markets, and Sam's Club warehouse clubs in the United States. Internationally, Walmart owns a majority stake in Flipkart, India's leading e-commerce platform; Walmart Mexico (Walmex), the largest retailer in Mexico; Walmart Canada; and operations in Central America, Chile, China, and other markets. Walmart also owns Walmart+, its subscription membership service, and Walmart Connect, its retail media advertising network.
Is Walmart publicly traded?
Yes, Walmart Inc. is listed on the New York Stock Exchange under ticker WMT. The company has been publicly listed since 1970. The Walton family, descendants of founder Sam Walton, collectively hold approximately 46% of Walmart's shares through Walton Enterprises LLC and other entities, giving them effective control over the company. The remaining shares are held by institutional investors and public shareholders.
Who founded Walmart?
Walmart was founded by Sam Walton, who opened the first Walmart store in Rogers, Arkansas on July 2, 1962. Walton had previously operated Ben Franklin variety stores as a franchisee and had developed a deep understanding of retail operations. His concept was to offer a wide range of merchandise at consistently low prices in smaller towns underserved by larger retailers. Sam Walton died in April 1992 at the age of 74. The Walton family continues to hold a controlling stake in the company.
Where is Walmart headquartered?
Walmart is headquartered in Bentonville, Arkansas, USA, where the company has been based since its founding. The company's global headquarters and principal executive offices are located in Bentonville. Walmart operates more than 10,500 stores and clubs across more than 20 countries, with its largest concentration of stores in the United States.
How many stores does Walmart operate?
Walmart operates more than 10,500 stores and clubs across more than 20 countries. In the United States, Walmart operates approximately 4,600 stores under the Walmart banner and approximately 600 Sam's Club locations. Internationally, Walmart operates stores in Mexico, Canada, China, Central America, Chile, and other markets, and holds a majority stake in Flipkart, India's leading e-commerce platform.
Who owns Walmart?
Walmart Inc. is publicly traded on the NYSE, but the Walton family holds a controlling interest of approximately 46% of shares through Walton Enterprises LLC and other entities. The Walton family, descendants of founder Sam Walton, are among the wealthiest families in the world as a result of this stake. The remaining approximately 54% of shares are held by institutional investors and public shareholders. Doug McMillon serves as President and CEO.
- Founded: 1962
- Headquarters: Bentonville, Arkansas, USA
- Company Type: Publicly Traded
- Stock: NYSE: WMT
Where Is Flipkart Made / Based?
- Headquarters: Bangalore, Karnataka, India
- Manufacturing / Operations: India
Brands Owned by Walmart Inc.
- Allswell - Walmart's direct-to-consumer mattress and bedding brand offering quality sleep p...
- Better Homes & Gardens - Licensed home goods brand available exclusively at Walmart, offering stylish fur...
- bettergoods - Walmart's elevated private label food brand launched in 2024, offering chef-insp...
- Durabrand - Walmart's private label electronics brand originally launched in 1999, offering ...
- Equate - Walmart's flagship health and beauty private label brand with 75% U.S. household...
- Fabuloso - Walmart-owned multipurpose cleaner brand offering affordable and effective clean...
- Freshness Guaranteed - Walmart's fresh produce and perishable foods brand offering quality fruits, vege...
- George - Walmart's flagship clothing brand offering affordable and stylish apparel for me...
- Great Value - Walmart's private label brand offering affordable groceries and household produc...
- Mainstays - Walmart's primary private label brand offering affordable home furniture, beddin...
- Marketside - Walmart's fresh and prepared foods brand offering restaurant-quality deli items,...
- Ol' Roy - Walmart's private label dog food brand offering affordable dry and canned dog fo...
- onn - Walmart's private label consumer electronics brand offering affordable TVs, tabl...
- Parent's Choice - Walmart's private label baby products brand offering affordable diapers, wipes, ...
- Pen+Gear - Walmart's private label office supplies brand offering affordable paper, writing...
- The Pioneer Woman - Licensed kitchenware and home decor brand created by Ree Drummond, featuring rus...
- Protective - Walmart's private label cleaning supplies brand offering affordable household cl...
- Pure Balance - Walmart's pet food brand offering natural and nutritious food options for dogs a...
- Sam's Choice - Walmart's premium private label brand offering higher-quality groceries, beverag...
- Scoop - Walmart's laundry detergent brand offering affordable and effective cleaning sol...
- Simply Basic - Walmart's private label brand offering essential personal care and beauty produc...
- Spring Valley - Walmart's private label brand offering vitamins, supplements, and herbal product...
- Terra & Sky - Walmart's plus-size women's clothing brand offering stylish and comfortable appa...
- Time and Tru - Walmart's women's clothing brand offering stylish and affordable apparel with a ...
- Wonder Nation - Walmart's children's clothing brand offering durable, comfortable, and stylish a...
Flipkart Ownership: Pros & Cons
Advantages
- +Backed by Walmart's massive financial resources and retail expertise
- +Access to Walmart's global technology infrastructure and best practices
- +Significant investment in logistics and fulfillment capabilities
- +Integration with Walmart's supply chain and vendor networks
- +Professional management and corporate governance standards
- +Expanded product offerings and service expansion
Considerations
- -Regulatory oversight from Indian e-commerce and competition authorities
- -Competition from Amazon India and other e-commerce platforms
- -Dependency on Walmart's strategic priorities and capital allocation
- -Potential regulatory restrictions on foreign ownership in e-commerce
- -Integration challenges with Walmart's global operations
- -Market dynamics and consumer preferences in India
Frequently Asked Questions About Flipkart
Competitors to Flipkart
No direct competitors found in the same category. This could be because Flipkartoperates in a unique market segment or we're still building our competitor database.
Walmart Inc. Stock Information
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