An in-depth analysis of the current state of funding in the Indian Startup ecosystem
Flipkart's Big Billion Day sales is the biggest sale of the festive season and it has managed to capture consumers' mindshare by branding the festive sales. In recent years management changes have made more news, only eclipsed by funding announcements.
Flipkart has used the M&A route to speed up growth. It acquired Letsbuy to enter the electronics category and bought out Myntra to gain leadership position in fashion. Its Jeeves acquisition has given it unrivalled strength in after-sales service.
Flipkart has been a pioneer in terms of features and services being offered to consumers--from Cash on Delivery at scale to offering an annual smartphone servicing subscription.
It has not been a smooth ride for 10-year-old Flipkart. Many of the products and features it launched with much fanfare over the years have fizzled out. But Flipkart continues to experiment.
Flipkart is the most funded company in India's startup ecosystem, having raised over $7 billion until the Walmart acquisition. It is also the most valued Unicorn in India.
Vijay Shekar Sharma has become more active as an investor since 2015
ReNew Power is one of the most capitalised company in the renewable energy space
Q1 2018 saw a drop in the money raised by women only teams