Flipkart CEO Kalyan Krishnamurthy reportedly confirmed that they will be making a re-entry into grocery segment. "Yes we will get into grocery... 80 percent of units bought in India is grocery. $400-600 million is grocery market, so we have to get into it", said Krishnamurthy at a TiE event in New Delhi. Notably, Flipkart had launched a separate groceries ordering app called Nearby for delivering fruits, vegetables, soaps and other staples from supermarkets to customers in October 2015.
