Company Directory - Flipkart
Company Details - Flipkart
Flipkart
WebsiteBangalore, India
Flipkart is one of the largest e-commerce platforms in India offering a wide range of products including electronics, fashion, and home essentials. The company has played a pivotal role in transforming Indian retail and was acquired by Walmart in 2018.
CCI Score
CCI Score: Flipkart
-26.75
0.02%
Latest Event
BIS Regulatory Raid Targets Flipkart Warehouses
The Bureau of Indian Standards (BIS) conducted search and seizure operations at Flipkart’s Instakart Services warehouses, uncovering large quantities of non-certified consumer products. The raid, which took place in multiple cities including Lucknow, Gurugram, and Delhi, highlights serious supply chain and safety compliance issues at the e-commerce giant.
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ACCOMPLICE
Flipkart is currently rated as an Accomplice.
Latest Events
- MAR172025
The Bureau of Indian Standards (BIS) conducted search and seizure operations at Flipkart’s Instakart Services warehouses, uncovering large quantities of non-certified consumer products. The raid, which took place in multiple cities including Lucknow, Gurugram, and Delhi, highlights serious supply chain and safety compliance issues at the e-commerce giant.
-50
Supply Chain Ethics
March 29
The BIS raid at Flipkart’s warehouse uncovered widespread distribution of non-certified products, pointing to significant lapses in supply chain ethics and consumer safety standards. This regulatory intervention underscores a failure in responsible business practices, negatively impacting consumer protection and ethical compliance.
BIS Cracks Down on Non-Certified Products at Amazon and Flipkart Warehouses
- NOV112024
Executives from Flipkart are set to be summoned by the Enforcement Directorate amid an investigation into alleged breaches of foreign investment rules, following raids on associated sellers. This regulatory scrutiny raises concerns over the company's adherence to ethical business practices.
-50
Business Practices and Ethical Responsibility
March 29
The report details that Flipkart is under investigation for potential violations of foreign investment rules. Such non-compliance reflects poorly on the company's business practices and ethical responsibility, undermining local regulatory frameworks.
Flipkart, Amazon under scrutiny for foreign investment violations: Report
- OCT082024
The Fairwork India Report 2024 rated Flipkart a mere 1/10 for its performance on labor standards, highlighting severe shortcomings in fair pay, transparent contracts, and worker representation, with only minimal recognition in fair management.
-80
Labor Relations and Human Rights Practices
March 29
Flipkart's extremely low score (1/10) in the Fairwork India Report 2024 underlines significant issues in protecting gig workers’ rights, including inadequate fair pay, unclear contractual terms, and the absence of robust worker representation. These deficiencies highlight a neglect in labor relations and human rights practices, which is critical from an anti-fascist perspective focused on safeguarding worker rights.
- MAR172024
In an interview, Flipkart CEO Kalyan Krishnamurthy emphasized that corporate governance is now a top priority for the company. He highlighted the importance of an independent board and transparent oversight—practices that have been integral to Flipkart since its early days. The CEO also noted the benefits of Flipkart’s partnership with Walmart in driving governance reforms and expressed optimism that, by 2025-26, ethics, compliance, and governance will become standard practice in the startup ecosystem.
+70
Business Practices and Ethical Responsibility
March 29
The interview with Flipkart’s CEO underscores a proactive commitment to enhancing corporate governance. By reinforcing an independent board structure, seeking unbiased feedback, and leveraging its partnership with Walmart to improve governance practices, Flipkart is advancing ethical business practices. These measures contribute to transparency and accountability, aligning with anti-authoritarian and progressive business ethics.
Corporate governance isn’t being ignored anymore: Flipkart's Kalyan Krishnamurthy
- JAN272024
Flipkart co-founder Binny Bansal resigned from the company's board on January 27, 2024, citing a conflict of interest following his divestment and the launch of his new venture, OppDoor. His departure underscores a commitment to robust corporate governance and transparency.
+60
Business Practices and Ethical Responsibility
March 29
Binny Bansal's decision to step down addresses potential conflicts of interest and reinforces ethical business practices and corporate accountability. This move helps maintain transparent governance at Flipkart, supporting a positive stance against mismanagement and possible undue influences.
Flipkart co-founder Binny Bansal exits board over conflict of interest
- NOV022023
The Fairwork India 2023 report ranked Flipkart among the poorest performers in ensuring fair working conditions for gig workers, with a score of 3/10. This ranking underscores critical issues in labor protection for gig workers on the platform.
-50
Labor Relations and Human Rights Practices
March 29
The Fairwork India 2023 report identifies Flipkart as one of the worst performers in offering fair working conditions for gig workers, suggesting significant shortcomings in labor rights and worker protections. This reflects poorly on the company's business practices and ethical responsibility towards its labor force.
Bigbasket tops chart, Ola, Porter, Dunzo among worst platforms for gig workers
- NOV012023
The Fairwork India Report 2023 examined the working conditions of gig workers and highlighted issues with Flipkart’s labor practices, raising concerns about worker rights and fair labor standards.
-60
Labor Relations and Human Rights Practices
March 29
The Fairwork India Report 2023 calls attention to substandard working conditions for gig workers associated with Flipkart. The highlighted labor issues suggest a lack of adequate worker protections and fair labor practices, which undermines the company's commitment to ethical treatment of employees.
Fairwork India Report 2023: Examining working conditions of workers on digital labour platforms
- OCT152023
In October 2023, a Flipkart delivery driver was stabbed by a customer, an incident that highlights the lack of adequate safety measures for gig workers. Flipkart did not respond to requests for comment regarding steps to protect workers, underscoring systemic neglect in worker safety and support.
-60
Labor Relations and Human Rights Practices
March 29
The incident involving a Flipkart delivery driver being stabbed by a customer evidences a failure in ensuring the occupational health and safety of gig workers. The company’s lack of response to inquiries further indicates a negligence towards worker welfare, which is central to labor relations and human rights practices.
- NOV072018
The National Company Law Appellate Tribunal directed the Competition Commission of India to re-open an investigation into Flipkart over allegations of abusing its dominant market position, following claims made by the All India Online Vendors Association.
-70
Business Practices and Ethical Responsibility
March 29
The appellate tribunal’s decision to order a new probe into Flipkart highlights serious concerns about the company's business practices. Allegations of abusing a dominant market position suggest unfair practices that could harm competition and consumer rights, which is viewed negatively from an ethical responsibility perspective.
Flipkart to be investigated again by fair trade regulator over alleged unfair practices
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