LEAP programme by Flipkart aimed at Start Up Promotion // Some information about LEAP and Flipkart // 2022 Current Affairs //

 LEAP programme by Flipkart aimed at Start-Up Promotion:

LEAP, also termed Leap Ahead, is a programme started by Flipkart aimed at helping start-ups in India.LEAP is further categorised into FLIN [Flipkart Leap Innovation Network] and FLA [Flipkart Leap Ahead].

Under the LEAP Programme, Flipkart will invest in start-ups that are working into cutting edge technologies like Promoting Retail Infrastructure, Restructuring the supply chain, Improving web-based Customer experience or any new age destructive technology.

Start-Ups that will be selected under the scheme will get support from the Tech and Product team of Flipkart, Which will help them to hone their brainchild. And another benefit of this programme is that Flipkart will infuse funds into this start-up through equity-based investment to make them more competitive and sustainable in the start-up ecosystem. 

SPECIAL NOTES FOR ASPIRANTS:

• Flipkart headquarter- Bangalore

• Flipkart Parent Company- Walmart

• Subsidiaries of Flipkart- Myntra, PhonePe, Ekart, Cleartrip

• Flipkart was established by Sachin Bansal and Binny Bansal in 2007

• The legal domicile of Flipkart in Singapore (i.e it's registered as a Private Limited Company in Singapore, not in India)

• CEO of Flipkart- Kalyan Krishnamurthy.