Homegrown e-commerce giant, The Flipkart Group has constituted and launched the Flipkart Foundation, a new platform with a focus on development in rural areas and providing equitable access to growth opportunities for women and other disadvantaged communities. The Flipkart Foundation aims to positively influence 20 million lives directly and indirectly in the coming decade across a wide array of areas by utilising Flipkart’s learnings over the years.
About the operation:
- The operations of the Flipkart Foundation will be grant-based. The contributions will come from the Flipkart Group and through the ‘Charity Checkout’ feature available on Flipkart platforms.
- The Flipkart Foundation will engage with diverse stakeholders to enable transformational development work for society and the economy, by offering support to underprivileged sections of society and making them a part of the country’s growth story.
Important takeaways for all competitive exams:
- Flipkart headquarters: Bengaluru, Karnataka;
- Flipkart CEO: Kalyan Krishnamurthy.