In the financial year 2024, Flipkart Private Limited recorded revenue growth of ** percent, indicating an increase in performance within the Indian market. Back in 2018, the American retail giant Walmart acquired this home-grown retailer for a substantial sum of ** billion U.S. dollars, securing a ** percent stake in the company.
Evolving D2C market
The landscape of India’s direct-to-consumer(D2C) market is transforming, reflecting the shift in consumer preference and purchasing behavior. By 2025, the D2C market is set to grow threefold, surging to a valuation of *** billion U.S. dollars. Notably, the fashion and accessories segment emerged as a frontrunner, commanding a significant share in the D2C landscape.
Digital shoppers in India
Leveraged by a growing internet user base and robust online infrastructure, India holds immense potential in the realm of digital commerce. In 2021, the country witnessed a substantial cohort of *** million digital buyers. This trend was further fortified by forecasts that predicted a continued rise in digital buyers in the immediate future
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Business Standard. (January 13, 2025). Revenue growth of Flipkart Private Limited between financial year 2014 and 2024 [Graph]. In Statista. Retrieved July 06, 2025, from https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/
Business Standard. "Revenue growth of Flipkart Private Limited between financial year 2014 and 2024." Chart. January 13, 2025. Statista. Accessed July 06, 2025. https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/
Business Standard. (2025). Revenue growth of Flipkart Private Limited between financial year 2014 and 2024. Statista. Statista Inc.. Accessed: July 06, 2025. https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/
Business Standard. "Revenue Growth of Flipkart Private Limited between Financial Year 2014 and 2024." Statista, Statista Inc., 13 Jan 2025, https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/
Business Standard, Revenue growth of Flipkart Private Limited between financial year 2014 and 2024 Statista, https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/ (last visited July 06, 2025)
Revenue growth of Flipkart Private Limited between financial year 2014 and 2024 [Graph], Business Standard, January 13, 2025. [Online]. Available: https://www.statista.com/statistics/1053328/india-flipkart-revenue-growth/
