Flipkart is the leading giant Ecommerce and Online Marketplace from India, acquired by Walmart with the valuation of $22Bn in 2018. Currently valued at over $35B, Flipkart is the one of the fastest growing companies in the online retail world. Thriving to deliver value through innovation in technology and commerce, with a customer base of over 350 million, product coverage of over 150 million across 80+ categories, and more than 1M sellers base, Flipkart is expected to be one of the biggest and utmost exciting IPOs soon, an intent which was clearly stated by Walmart. Flipkart Israel is an R&D excellence center for Flipkart, with focus on AI, ML, Optimization, Algorithmic research and Analytics solutions. The team in Israel is driving innovation and helping Flipkart stay ahead in the highly competitive e-commerce industry. Flipkart had announced that growing its AI and analytics capabilities is a primary target and Flipkart Israel is a key player in shaping this vision. The IL offices are located at the heart of Tel Aviv and led by Adi Lev, A seasoned tech executive in the Israeli hi tech ecosystem.
$2M sweet spot round size
2018
$2M
from 1 investors over 1 rounds
Flipkart Israel raised $2M on January 1, 2015
Investors: Viola Credit