BANGALORE: Flipkart, the e-commerce website that was already popular for the products and services offered now suddenly booming all around in news. Say it the $1 billion fund raising or the name of fastest growing Indian company, Flipkart is stealing the headlines everywhere.

The e-commerce giant worth an astounding $5 billion and it seems only sky is the limit for the Bansals. Flipkart has raised a billion funding from a group of investors including Naspers, Tiger Global and Singapore’s GIC. Company’s promoters trust that the business could be worth $100 billion over the next 5 years.

Are you inquisitive to know more about Flipkart, take a glimpse of 8 things you would not like to miss about Flipkart.

1. Why do Investors are lured towards Flipkart

The internet and e-commerce companies are worth $230 billion today which was just $4 billion in 2003. It is estimated that presently Indian internet and e-commerce industry worth 60,000 crore. With the fast pace of growing economy it will reach to 5, 40, 000 crore.

Investors find Indian internet and e-commerce companies enough to attain a similar growth as in China. Moreover, India’s internet penetration lags 6-7 years by China. The e-commerce companies like Flipkart are growing very rapidly.

It could be assumed that India’s listed internet and e-commerce market-cap could be about $40 billion by 2017 and $90 billion by 2020.

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