e-tailer Flipkart has crossed the 100-million registered
users mark, becoming the first e-commerce company in India to hit
the milestone.
The Bengaluru-based company has
doubled its user base over the last year and added 25 million users in
the past six months alone.
“This is a small step in
our efforts to build a platform that provides quality products,
affordable and accessible to millions of Indians shopping online. This
milestone has further energised us to ramp up our efforts and build a
world-class shopping destination,” Flipkart co-founder and CEO Binny
Bansal said.
One of the most valued start-ups in the
country, Flipkart has Tiger Global, Accel Partners, Morgan Stanley and T
Rowe among its investors.
The company has raised over $3 billion in
funding so far and has acquired companies such as Myntra, PhonePe and
LetsBuy.
It has also invested in start-ups like Cube26, NestAway and
BlackBuck.
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