Flipkart find evidence to corroborate the complainant's assertions against Binny, it did reveal other lapses in judgment, particularly a lack of transparency, related to how Binny responded to the situation." In a report dated 25 November 2014, 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 2012, Flipkart co-founders sold WS Retail to a consortium of investors led by Rajeev Kuchhal. Initially, the Bansals spent on developing the site. Flipkart later raised funding from venture capital funds Accel India (US$1 million in 2009)
Amazon Books Amazon Books Amazon Books is a chain of retail bookstores owned by online retailer Amazon. The first store opened on November 2, 2015, in Seattle, Washington. , Amazon Books has a total of seventeen stores, with plans to expand to more locations. The first location in Seattle has approximately 5,000 titles stocked on its bookshelves, using shelf space to display the covers of books facing outwards instead of spines; according to Amazon, the decision was made to showcase the authors and their work, rather than efficient use of space. The shelves display positive reviews and star-ratings from the Amazon.com website