Flipkart acquires Walmart India to launch Flipkart Wholesale

Flipkart's move to strengthen India's grocery and food business

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Walmart India
Walmart India owns and operates 28 B2B Cash and Carry stores under the brand name of Best Price Modern Wholesale Stores 'Best Price' in 9 states across the country. Photo - Walmart India via Internet

The eCommerce player Flipkart has acquired 100% stake in Walmart India, which operates Best Price cash and carry business, and launched a new digital marketplace, Flipkart Wholesale. According to reports, Flipkart Wholesale will be launching its operations in August and will pilot services for the grocery and fashion segments. Walmart…

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