10 major companies having lower market valuation than Flipkart
New Delhi: E-commerce giant Flipkart's second edition of 'Big Billion Sale' has begun from today. The 5-day long event will be an ultimate shopping experience for customers to shop gifts and other items for friends and family.
The country's largest online retailer is looking to sell goods worth $500 million, or Rs 3,250 crore, during the 5-day long shopping event.
The Bengaluru based company, which was founded in 2007 by Sachin Bansal and Binny Bansal, has surpassed top Indian companies in terms of market valuation. For the first time in its 8 year of functioning, the company in September this year spoke about its valuation.
The unlisted company, which is learnt to be preparing for an initial public offering (IPO), stated that is valued at $15.2 billion (Rs 98,800 crore), a number not many traditional business houses can match.
India TV brings to you the list of top 10 companies having low valuation when compared with Flipkart: