Flipkart Israel

📍 Tel-Aviv, Israel🗓 Founded 2010👥 132 employees💰 Last funded Jul 2011
Software Development🌐 flipkart.com
Website LinkedIn
Flipkart is the giant online marketplace from India, recently acquired by Walmart for the value of $22Bn with the stated intention to make Flipkart public in 2-3 years. Walmart is a public company and is not making such statements without serious intentions. Although Amazon is targeting the Indian market in the last 3 years, Flipkart is maintaining and growing its leadership over Amazon using superior technology and operation. Flipkart Israel was recently established from the acquisition of Upstream Commerce, a leading provider of ML/AI-based competitive intelligence and price optimization solutions for retail. Upstream Commerce’s predictive analytics and ML/AI-based solutions were used by customers such as JCPenney, HP, Microsoft, Nestle, GoPro, Saks 5th Avenue and many others. Flipkart Israel is growing to be the innovation and excellence engineering center for the retail giant, with focus on AI, ML, algorithmic research and analytics solutions. Flipkart had announced that growing its AI, ML and analytics capabilities is a primary target and the establishment of Flipkart Israel is a critical step in this direction.
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Total investors
1
Early stage
0
Mid stage
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Late stage
2010
Founded

Investors

1 investors
All
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Mid stage
Late stage
Investor geography1 country
United States
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Frequently asked questions
Who invested in Flipkart Israel?
Flipkart Israel has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Flipkart Israel last raise funding?
The most recent investment in Flipkart Israel recorded on gritt.io was in July 2011.
When was Flipkart Israel founded?
Flipkart Israel was founded in 2010.
What industry is Flipkart Israel in?
Flipkart Israel operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Flipkart Israel based?
Flipkart Israel is headquartered in Tel-Aviv, Israel.