IGP (e-gifting retailer) IGP (e-gifting retailer) IGP (formerly known as IndianGiftsPortal) is an Indian online gifting company based in Mumbai, India founded in 1999. IGP claims to be the largest platform for Indian ethnic products and gifts and has the largest collection of products that caters to Indian festivals and events. IGP has five warehouses, including one in the US. IGP earlier known as IndianGiftsPortal was founded in 1999 by B2B e-commerce company IndiaMART and Manan Sharma. In 2009, IndiaMART, prior to raising Series A funding, hived off IGP (B2C part of their business) into a separate entity. In 2012, Tarun Joshi bought
Flipkart stake in the digital mapping provider MapmyIndia. The company stated that it would licence its data to help improve delivery logistics. In 2016, Flipkart acquired the online fashion retailer Jabong.com from Rocket Internet for US$70 million, as well as the UPI mobile payments startup PhonePe. In January 2017, Flipkart made a US$2 million investment in Tinystep, a parenting information startup. In April 2017, eBay announced that it would sell its Indian subsidiary eBay.in to Flipkart and make a US$500 million cash investment in the company. eBay promoted that the partnership would eventually allow Flipkart to access eBay's network of international