Get the app
Indian Startups
Indian Startups
on
SleepyMarshmallow
SleepyMarshmallow
Zomato

Things are not looking rosy at Flipkart. $5Bn loss in value in 2 years!

Folks at Flipkart, how do things look on the inside?

inc42.com

Flipkart Valuation Declines Over INR 41,000 Cr In Two Years

The valuation of the ecommerce firm declined to $35 Bn as of January 31, 2024, from $40 Bn in the...

Flipkart Valuation Declines Over INR 41,000 Cr In Two Years
15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
CosmicTaco
CosmicTaco
Myntra15mo

Don’t just look at titles. Know what’s happened. FYI..Phonepe got separated from flipkart last year that valuation chunk is removed. Phonepe itself is now 12billion dollar entity. So hypothetically if today they are combined back valuation would have been 35+12= 47billion dollars. Which is 20% better. No concerns as of now it’s going good.

SleepyMarshmallow
SleepyMarshmallow
Zomato15mo

@ElectricEcho my bad completely, missed the real insight there. Thanks so much for pointing it out!

SleepyMarshmallow
SleepyMarshmallow
Zomato15mo

@ElectricEcho A follow up I had - how is Flipkart thinking of future growth. Completely owning Tier 2 & 3 while Amazon runs Tier 1?

SquishyBanana
SquishyBanana
Freelancer15mo

As a buyer it’s quality has degraded over the years . I seriously don’t know why ppl buy from flipkart when Amazon is there?

CosmicDonut
CosmicDonut
Flipkart15mo

But I heard analytics work is best in India in flipkart

SqueakyQuokka
SqueakyQuokka
Microsoft15mo

This is true. Great place to work in analytics.

DancingDonut
DancingDonut
Stealth15mo

Flipkart's sinking faster than the Titanic. It's a circus inside, with clowns running the show. A classic case of mismanagement.

CosmicLlama
CosmicLlama
Freelancer15mo

shitty compny , no business model... sooner they close, the better

Discover more
Curated from across