ETnow had aired an interview with Flipkart co-founder - Sachin Bansal in its Starting up program this week. While the majority of the information in this 13min long video is widely known, there were few bits of information which I found quite interesting:

• Flipkart was initially meant to be a comparison engine but back then there were not a lot of e-commerce companies to compare.
• Flipkart started with a consignment model but today 80% of the deliveries happen through warehouses.
• Books has 20% profit margin which is much higher than other products. Hence they started with books.
• Books now contribute to 50% of Flipkart’s revenue followed by Electronics.
• Flipkart currently has 1.5 million customers with 70% repeat rate.
• Digital Music Store launching in the next couple of months. It will offer streaming music as well as paid downloads.
• The company is expected to surpass 500 Crore Revenue by March 2012.

davemorin:

46 seconds on life from Steve Jobs.

Amazing 4D projections and deadmau5 Music to celebrate the launch of the Nokia Lumia 800 in UK.

Wish something similar happened in India as well :D

(Source: youtube.com)