Torrent Sage Act Pro 2012' title='Torrent Sage Act Pro 2012' />Noregistration upload of files up to 250MB. Not available in some countries. Click on this banner to see the other MP3 downloads THE BigO AUDIO ARCHIVE Music Sharing Readers are welcomed to contribute and share their favourite. Torrent Sage Act Pro 2012' title='Torrent Sage Act Pro 2012' />Home Adam smith capital asset depreciation durable economics s nonrenewable resource physical capital production service stock. Flipkart Wikipedia. Flipkart is an electronic commerce company headquartered in Vijayawada, India. It was founded in October 2. Sachin Bansal and Binny Bansal no relation. Flipkart has launched its own product range under the name Digi. Flip with products including tablets, USBs, and laptop bags. As of April 2. Historyedit. Flipkart logo used from 2. Flipkart was founded on 2. Sachin Bansal and Binny Bansal, both alumni of the Indian Institute of Technology Delhi. They worked for Amazon. October 2. 00. 7 as Flipkart Online Services Pvt. Ltd. 9 The first product they sold was the book Leaving Microsoft To Change The World to a customer from Hyderabad. Flipkart now employs more than 3. In October and November 2. Flipkart acquired the websites Mime. Chakpak. com. 1. 5 Later, in February 2. Flyte Digital Music Store. Flyte, a legal music download service in the vein of i. Tunes and Amazon. DRM free MP3 downloads. But it was shut down on 1. June 2. 01. 3 as paid song downloads did not get popular in India due to the advent of free music streaming sites. After its 2. 01. 4 Big Billion Sale, Flipkart carried out a second Big Billion Sale. Where it is reported that they saw a business turnover of 3. In 2. 01. 5, Flipkart bought a minority stake in navigation and route optimization startup Mapmy. India to help improve its delivery using Map my India assets. Acquisitionsedit2. We. Read, a social book discovery tool. Mime. 36. 0, a digital content platform company. Chakpak. com, a Bollywood news site that offers updates, news, photos and videos. Flipkart acquired the rights to Chakpaks digital catalogue which includes 4. Flipkart has categorically said that it will not be involved with the original site and will not use the brand name. Letsbuy. com, an Indian e retailer in electronics. Flipkart has bought the company for an estimated US2. Install Legacy Firewire Driver Windows 8. Letsbuy. com was closed down and all traffic to Letsbuy has been diverted to Flipkart. Acquired Myntra. com in an estimated 2. US3. 10 million deal. Flipkart acquired a mobile marketing start up Appiterate as to strengthen its mobile platform. Flipkarts Myntra acquires rival fashion shopping site Jabong for 7. In April, Flipkart acquired payment start up Phone. Pe. 2. 92. 01. 7 In January, Flipkart funded Parenting Network Tinystep With 2 Million. In April, in exchange for an equity stake in Flipkart, e. Bay agreed to make a 5. Bay. in business to Flipkart however, according to a company statement e. Bay. in would continue to operate as a separate entity from Flipkart. In July, Flipkart offered Snapdeal a amount of 7. Snapdeal rejected its deal as they wanted a sum of minimum 1billion cash. Business structureeditIn a report dated 2. November 2. 01. 4, a leading media outlet reported that Flipkart were operating through a complex business structure which included nine firms, some registered in Singapore and some in India. In 2. 01. 2 Flipkart co founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal. FinanceeditInitially, they had spent 4. US6,2. 00 only for making the website to set up the business. Flipkart has later raised funding from venture capital funds Accel India 1 million in 2. Tiger Global 1. June 2. On 2. 4 August 2. Flipkart announced the completion of its 4th round of 1. MIH part of Naspers Group and ICONIQ Capital. The company announced, on 1. July 2. 01. 3, that it has raised an additional 2. Tiger Global, Naspers, Accel Partners and Iconiq Capital. Flipkarts reported sales were 4. US6. 20,0. 00 in FY 2. US3. 1 million in FY 2. US1. 2 million for FY 2. In FY 2. 01. 12. Flipkart is set to cross the 5 billion US7. Internet usage in the country increases and people get accustomed to making purchases online. Flipkart projects its sales to reach 1. US1. 60 million by year 2. On average, Flipkart sells nearly 1. US7. 80 million by 2. On November 2. 01. Flipkart became one of the companies being probed for alleged violations of FDI regulations of the Foreign Exchange Management Act, 1. Flipkart reported a loss of 2. US4. 4 million for the FY 2. In July 2. 01. 3, Flipkart raised 1. In October 2. 01. Flipkart had raised an additional 1. Dragoneer Investment Group, Morgan Stanley Wealth Management, Sofina SA and Vulcan Inc. Tiger Global. 5. 25. On 2. 6 May 2. 01. Flipkart announced that it has raised 2. Yuri Milners DST Global and its existing investors Tiger Global, Naspers and Iconiq Capital. In early July 2. 01. Flipkart was in negotiations to raise at least 5. US for 2. 01. 6. 5. On 2. 9 July 2. 01. Flipkart announced that it raised 1 billion5. Tiger Global Management LLC, Accel Partners, and Morgan Stanley Investment Management and a new investor Singapore sovereign wealth fund GIC. On 6 October 2. 01. Flipkart sold products worth 6. US1. 00 million in 1. The Big Billion Day, claiming they had created e commerce history, but their hard won reputation for good customer service suffered because of technical problems, and angry reactions on social media from buyers disappointed with the pricing and availability of products. It claimed to sell a whopping 5. AM. 6. 2 In December 2. After it received 7. Flipkart had a market cap of 1. In May 2. 01. 5 Flipkart has raised 5. Indian startup to about 1. On 2. 0 December 2. Flipkart announced filing application with Singapore based companies regulator ACRA to become a public company after raising 7. India following which its number of investors exceeded 5. The 7. 00 million fund raised by Flipkart added new investorsBaillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates and Qatar Investment Authorityon companys board. Its existing investors DST Global, GIC, ICONIQ Capital and Tiger Global also participated in this latest financing round. By August 2. 01. 5, after raising 7. Flipkart had already raised a total of 3 billion, over 1. In what has been the companys latest round of funding, Flipkart announced on April 1. Billion6. 76. 8 at a valuation of 1. Billion. Flipkart managed to secure this investment at a post money valuation of 1. Tencent, e. Bay, and Microsoft. This fundraising round also witnessed participation from existing Flipkart backers Tiger Global, Naspers, Accel and DST Global. On 1. 0 August 2. Softbank Vision Fund invested 2. Billion in Flipkart. Regulatory action and lawsuitseditThe Government Of India informed the parliament in 2. Enforcement Directorate to investigate Flipkart Online Services. In August 2. 01. 4, the Enforcement Directorate claimed that it had found Flipkart to be in violation of the Foreign Exchange Management Act. On 3. 0 November 2. Flipkarts offices were raided by the Enforcement Directorate. Documents and computer hard drives were seized by the regulatory agency. Delhi High Court observed violation of foreign investment regulations by E Commerce firms including Flipkart. In January 2. 01. Flipkart of contravention of foreign investment norms. The court asked the Reserve Bank of India to provide the latest circular on foreign investment policy. In January 2. 01. Department of Industrial Policy and Promotion DIPP clarified that it does not recognize the marketplace model of online retail. In February 2. 01. Health Minister, J P Nadda, informed that the Maharashtra FDA had taken action against Flipkart, among others, for selling drugs without valid license. Store share your files with uploaded. Learn more about our services videoAfter entering your e. Mail addres and receipt of your registration youll simultaneously receive your personal access data from us. This is always free of charge.