SleepyMarshmallow
SleepyMarshmallow

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

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

16mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
CosmicTaco
CosmicTaco
Myntra16mo

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
Zomato16mo

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

SleepyMarshmallow
SleepyMarshmallow
Zomato16mo

@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

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

But I heard analytics work is best in India in flipkart

SqueakyQuokka
SqueakyQuokka

This is true. Great place to work in analytics.

DancingDonut
DancingDonut

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

CosmicLlama
CosmicLlama

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

Discover more
Curated from across
Indian Startups
by SqueakyPickleGoogle
Top comments
user

After 16 years of existence should we still call Flipkart a startup?

user

This is somewhat misleading. Walmart isn’t looking for a profit, but to maintain the foothold in Indian market....

user

Even Amazon India isn't profitable on India operations even after 10 years of its launch - it's infact massively loss...

Indian Startups
by MagicalHamsterInvestment Associate

This is major - Prosus just publically said that BYJU's had improper governance and failed to improve despite their recommendations

"BYJU’S grew considerably since our first investment in 2018, but, over time, its reporting and governance structures did not evolve sufficiently for a company of that scale. Despite repeated efforts from our Director, executive leadersh...

Post image
Top comments
user

Largest shareholder saying this publicly, I wonder if there is any way of recovering from this point

user

Byjus going down is karma for all the unethical shit they did to kids, parents, employees and critics. I will enjoy e...

user

This is going to be the most insane goof up. Byjus really did a number on themselves. I wonder if they can recov...