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Five Booming Startups
By siliconindia
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Flipkart
Founded in 2007 by two IIT graduates, Sachin Bansal and Binny Bansal, Flipkart was launched as an online book store for India. Bangalore-based Flipkart, an online service provider, raised $20 million in series C funding. However, within next two years they became one of the Top 100 Indian sites and was credited for being India's largest online bookseller with over 10 million titles on offer.
