Indiaâ€™s biggest e-commerce is on the verge to acquire in position of Hindustan Unilever Limited and Infosys in number of crorepati employees.
Last year, Flipkart paid 1 crore annual salaries to 23 employees. Not to the surprise of e-commerce to reach this position as it has been getting several billion dollars for funding. These could apparently result to expand their business and hire talented professionals.
According to the analysts, continues funding at higher valuations has helped companies like Flipkart emerge as good paymasters even though they have been reporting huge losses.
Flipkart has experienced a loss of Rs 2000 crore in 2014-15.