How IIT-alumnus Sachin Bansal built Flipkart into a big online brand

6 posts · originally from https://geek.digit.in/community/threads/how-iit-alumnus-sachin-bansal-built-flipkart-into-a-big-online-brand.178081/

"It has taken Sachin Bansal, 32, a mere six years to build Flipkart, the country's best-known online retail brand."

The IIT-Delhi alumnus started off with college friend BinnyBSE 5.00 % Bansal in a small flat in southeast Bangalore in 2007 with Rs 4 lakh.

The two, who are not related to each other, had worked in Amazon India for a few months before they launched Flipkart.

Source: ET Awards 2012-13: How IIT-alumnus Sachin Bansal built Flipkart into a big online brand - The Economic Times

It all starts with customer's trust.
But nowadays, flipkart do deviate from its inceptionary roots with higher prices on certain items than others.

I heard a different story about how they exploited the government's rules

cyborg47 said:
I heard a different story about how they exploited the government's rules

You can't make money without exploiting people.

takemein said:
You can't make money without exploiting people.

True. How is Reliance Now the Top Brand without Deceiving the Govt then?

Latest Update: Flipkart founders get million-dollar paychecks