Skip to main content

Big billion startup:- The untold Flipkart story

The definitive account of India’s biggest startup that redefined e-commerce, entrepreneurship and the way we shop and live.

IIT graduates Sachin Bansal and Binny Bansal founded out of a Bangalore apartment what would become India’s biggest e-commerce startup. Established in October 2007, Flipkart began as an online bookstore and soon came to be known for its ‘customer obsession’. As the startup’s reputation grew, so did its value, with venture capitalists in India and abroad lining up to invest heavily in the company that stood for bold ambition, unabashed consumerism and the virtues of technology.

Investigative journalist Mihir Dalal recounts the astounding story of how the Bansals built Flipkart into a multi-billion-dollar powerhouse in the span of a few years and made internet entrepreneurship a desirable occupation. But it is also a story of big money, power and hubris, as both business and interpersonal complexities weakened the founders’ control over their creation and forced them to sell out to a retailer whose dominance they had once dreamt of emulating. Flipkart’s auction involved some of the corporate world’s biggest names, from Jeff Bezos, Satya Nadella, Sundar Pichai to Masayoshi Son and Doug McMillon, an ironic testimony to the strength of what the Bansals had forged.

Based on extraordinary research, extensive interviews and deep access to key characters in the Flipkart story, Big Billion Startup is the riveting and revealing account of how Sachin and Binny Bansal built and sold India’s largest internet company.

Comments

Popular posts from this blog

HOW CAN WE MOTIVATE OURSELVES MORE EFFECTIVELY THROUGH REINFORCEMENT?

•We'd all like to be more effective in reaching our goals, and according to behaviorists, the way to improve our effectiveness is by rewarding ourselves for the little steps that take us closer and closer to those desirable outcomes.  •First, find something you really like to do or something you'd like to have that can, realistically, serve as a reward.  •Then, take the goal that you are hoping to achieve that, realistically, you could achieve but just haven't succeeded at yet.  •Next, work backward from that goal to your present state.  •Arrange to give yourself those desired rewards as you inch closer from where you are now to the desired end point.  •As you start to make progress, only give yourself a reward when you've moved forward from where you are now.  •For example, if you'd like to cut back on your television watching and instead read more often, reward yourself by allowing yourself to watch television only when you've read for 20 minu...

WHY DO WE SLEEP AND DREAM?

•We spend about one-third of our lives sleeping.  •Why do we invest so much time in sleep?  •The most straight forward answer is that, sleep is restorative, and it replenishes the body's energy stores.  •However, intense neural activity during rapid eye movement (REM) sleep, the stage in which most dreams occur, suggests there may be more to the story.  •One theory, which by far has the largest body of evidence, is that sleep plays a critical role in learning and consolidating memories.  •It is probably why infants and toddlers need up to 14 hours of sleep a day, with half of it spent in REM sleep.  •In adults, dreams may also play a role in brain plasticity and learning, which is why sleep-deprived adults perform worse in memory tests and tasks. 

Inside an MRI scanner

When doctors need the highest quality images possible they turn to MRI scanners, but how do they work? MRI scan ,MRI test, MRI use in medical field, constitutent of MRI machine. Doctors often plan treatments based on imaging. X-rays, ultrasound and CT scans provide useful pictures, but when the highest quality images are needed, they turn to MRI scanners. While CT scanners use x-rays and therefore expose the patient to radiation, magnetic resonance imaging (MRI) uses powerful magnets and is virtually risk free. MRI scans are obtained for many medical conditions, although since they  are expensive and complicated to interpret, they certainly aren’t as easy as taking a chest x-ray. Examples for which they are used include planning surgery for rectal cancers, assessing bones for infection (osteomyelitis), looking at the bile ducts in detail for trapped gallstones, assessing ligamental damage in the knee joints and assessing the spinal cord for infections, tumours or...