Flipkart acquires Walmart India, launches Flipkart Wholesale

Homegrown e-commerce company, Flipkart, has acquired 100% stake in Walmart India, which operates the Best Price cash-and-carry business and has launched Flipkart Wholesale, a new digital marketplace that will help transform the kirana retail ecosystem in India, the company said in a statement. As a move to brand extension Flipkart acquires Walmart India, launches Flipkart Wholesale  Flipkart Wholesale will launch its operations in August 2020 and will pilot services for the grocery and fashion categories. It will be headed by Adarsh Menon, a veteran at Flipkart. Sameer Aggarwal, chief executive…

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