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2016 – Flipkart crosses 100 million registered users

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Binny Bansal takes over as CEO. Sachin Bansal becomes Executive Chairman First Indian mobile app to cross 50 million users Crosses the milestone of 100 million registered customers Launches No Cost EMI April 2016 – Sachin Bansal & Binny Bansal named among Time 100 list of most influential people by…

2016 – Flipkart crosses 100 million registered users
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  • Binny Bansal takes over as CEO. Sachin Bansal becomes Executive Chairman
  • First Indian mobile app to cross 50 million users
  • Crosses the milestone of 100 million registered customers
  • Launches No Cost EMI
  • April 2016 – Sachin Bansal & Binny Bansal named among Time 100 list of most influential people by TIME magazine
  • Acquires UPI-based payments startup PhonePe
  • Acquires Jabong
  • Launches Flipkart Assured
  • Launches Ekart Courier
  • Sachin Bansal and Binny Bansal named ‘Asian of the Year‘ by Straits Times of Singapore as part of the ‘The Disruptors’ group
  • Launches PhonePe, India’s first UPI (Unified Payments Interface) based app
  • Invests in Qikpod for locker deliveries
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