Lead - Growth & Marketing at PW | Ex EY & World Bank Consultant | Marketing & Project Management Professional | MICA Alumni
#30Days30Entrepreneurs Day 3: Sachin & Binny Bansal – Flipkart’s E-Commerce Revolution "India isn’t ready for e-commerce." That’s what critics told Sachin and Binny Bansal when they started Flipkart in 2007 from a small apartment in Bengaluru. But instead of being discouraged, they took it as a challenge and built one of India’s biggest success stories. It started with just selling books online. From there, Flipkart grew into a massive e-commerce platform, adding electronics, fashion, and groceries to its catalog. The Bansals focused on customer experience by solving two big problems in India: trust and accessibility. By introducing innovations like Cash on Delivery (COD), they made online shopping accessible even to those without credit cards. In 2018, Flipkart was acquired by Walmart for a staggering $16 billion, marking one of the largest exits in India’s startup history. But it wasn’t all smooth sailing. They faced challenges in logistics, internet penetration, and consumer trust. What kept them going? A relentless focus on solving real problems for real people. Lessons for Professionals: 1. Start Small, Think Big: Great ventures often begin with humble beginnings. 2. Solve Real Problems: Success comes when you make life easier for people. 3. Embrace Criticism: Use skepticism as motivation to prove your vision. Let’s Discuss: What’s a challenge you’ve faced where others doubted your idea? How did you overcome it? Share your story in the comments—it might inspire someone to take the leap! #LeadershipLessons #Flipkart #StartupStories #Entrepreneurship #ECommerceRevolution
