Flipkart, the poster company of Indian ecommerce, had a very humble beginning. The company started in 2009 from a two-bedroom apartment and is now valued at $1.6 billion. Binny Bansal, one of the co-founders of Flipkart, reminisces about the initial days of the company, while having a fireside chat with Shradha Sharma during TechSparks 2013. Emphasizing what really worked for Flipkart, Bansal says the right ambition, a consumer-centric approach, perfect timing and a little bit of luck drove Flipkart to achieve its scale and win consumers’ confidence. From day one, the Bansal duo had stayed hungry to make etail happen in India.
Here’s a video of Binny Bansal talking to Shradha Sharma about various challenges, opportunities and the secret sauce behind the country’s largest etailer: