Exclusive | Flipkart to enter food retail with Rs 2,500cr war chest

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Exclusive | Flipkart to enter food retail with Rs 2,500cr war chest
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Through Flipkart Farmermart, the e-commerce company will operate a full-fledged food retail business, including its own private label, a grocery supply chain and even open stores

Flipkart, the Walmart-owned Indian e-commerce company, has registered a new company called Flipkart Farmermart Pvt in India to deepen its penetration in the food retail space, take on Amazon, and run a farm-to-fork operation, sources told Moneycontrol.

https://www.moneycontrol.com/news/business/excl...

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Walmart doing what it wanted to do.

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