The largest e-commerce deal has been finalised and it is creating a buzz all over the internet world. Startup founders in India were showing their concerns before Walmart’s offer was approved by Flipkart. But now, everyone seems to be happy about this deal as it shows the power of Indian startup ecosystem and Flipkart has set an example for other players in the market to focus on customer service rather than going mad for profits because eventually, money follows the brave.
Flipkart wrote about this deal on its official Twitter account.
Walmart to Invest in Flipkart Group, India’s Innovative eCommerce Company
Read all about it: https://t.co/m3MUgAyqiZ pic.twitter.com/XFkiXxL7sB
— Flipkart (@Flipkart) May 9, 2018
Here is how startup founders in India have reacted to this:
Vijay Shekhar Sharma: Paytm
Vijay Shekhar congratulated Sachin and Binny in his own way.
This is 1 Lakh crore+, all cash deal !
I call it, perfect answer to those who were dismissive of Indian startups in an open-for-all market. What an incredible outcome for every believer of @Flipkart . 👍🏼 https://t.co/uiG9gSTK7v— Vijay Shekhar (@vijayshekhar) May 9, 2018
Sachin and Binny continue to make India proud with their audacious achievements ! Cheers to everyone at Flipkart. 🚀
Chapter 2 begins. https://t.co/iWkIbbz2Nn— Vijay Shekhar (@vijayshekhar) May 9, 2018
Kunal Shah: FreeCharge
Kunal Shah believes that this is the most important phase in Indian startup ecosystem.
Today maybe the most important day for Indian tech startup ecosystem.
— Kunal Shah (@kunalb11) May 9, 2018
Also Read: 10 Rare Images That Show The Amazing Flipkart Journey
3. Kunal Bahl: Snapdeal
Kunal Bahl of Snapdeal is feeling inpired after this deal.
Congratulations @_sachinbansal @binnybansal! This has been an incredible journey for you guys and one that has inspired many entreprenuers in India! 👏🏼
— Kunal Bahl (@1kunalbahl) May 9, 2018
4. Aakrit Vaish: Haptik
According to Aakrit, good days have finally arrived in Indian startup world.
What a year it's turning out to be for Indian tech. TCS hit $100b market cap, Reliance finally investing in startups, and now a $20 BILLION exit. It's happening! #RightPlaceRightTime
— Aakrit Vaish (@aakuvaish) May 9, 2018
5. Manu Kumar Jain: Xiaomi India MD
Manu Kumar who co-founded online shopping platform Jabong also congratulated Flipkart.
Congratulations @_sachinbansal, @binnybansal, @_Kalyan_K & @Flipkart team!
What an incredible journey for you guys. Have throughly enjoyed working with you over past 4 years 😇
You are a great inspiration for all the #entreprenuers & startup community in India! 🙏 #Respect https://t.co/7SxlG2C9YR
— Manu Kumar Jain (@manukumarjain) May 9, 2018
6. Ananth Narayanan: Myntra and Jabong CEO
Ananth is excited and curious to see what will happen to Flipkart after this big deal.
Excited to be part of the next phase of growth for the Flipkart group! https://t.co/jbRiuOgiDw
— Ananth Narayanan (@ANarayanan24) May 9, 2018
Everyone is waiting to see how Sachin and Binny Bansal will proceed after making so much money from this deal. A lot of people believe that they can start a new e-commerce firm soon.