Flipkart: From ₹400,000 Startup to $35 Billion Giant

Apartment start, local solutions, strategic growth, massive e-commerce success

By Chris Kernaghan 4 min read
Flipkart: From ₹400,000 Startup to $35 Billion Giant

Imagine this: it's 2007 in Bangalore.

Two young IIT Delhi grads, Sachin and Binny Bansal, fresh from Amazon, decide to leap into e-commerce. Online shopping in India was clunky, trust was low, and deliveries were unreliable.

With just ₹400,000 (about $10,000 then), they started from their apartment, choosing books as their initial focus. Books were easy to source, ship, and affordable—perfect for building trust with cautious first-time buyers. Their real mission?

Reliable deliveries and exceptional customer service, creating word-of-mouth buzz more effective than any marketing campaign.