 "flipkart")
India's largest e-commerce marketplace Flipkart's resilience against an onslaught from global rival Amazon has earned it a spot on MIT Technology Review's list of '50 Smartest Companies' for the year 2017.
Flipkart is ranked 36th on MIT Technology Review's list, which includes the usual suspects like Alphabet, SpaceX, Microsoft, Facebook and Apple. The recognition comes as the Indian firm turns 10-years old.
"Amazon's aggressive investments in India have upended the country's e-commerce industry, but Flipkart-India's largest online marketplace-keeps battling back," MIT Technology Review says on its website. "To further boost its competitiveness, Flipkart is expanding its private-label product lines and
