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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Mandeep Kaur
Technical Editor - Mandeep Kaur is working with IPP Group and holding editorial responsibilities for the IndiFoodBev and PSA Healthcare platforms. Earlier she handled editorial responsibilities of food, beverage, and agriculture publications at another publisher. A gold-medalist in M Tech (Food Technology), she has hands-on experience in operating different types of instruments related to physico-chemical testing of grains and flour. She has worked at Evalueserve in the Intellectual Property (IP) division for more than three years handling projects in the life sciences domain.