According to reports, homegrown e-commerce major Flipkart is in talks with food-delivery app Swiggy, services firm UrbanClap, furniture retailer UrbanLadder as it is planning more start-up investments and acquisitions. Flipkart is also eyeing startups in insurance and wealth management, say reports. The Bangalore-based firm, in August, received $2.4 billion from Japan’s SoftBank Group Corp and is expected to use the funds for buyouts and investments, reports added.
BY VIKRAMAN MANIRAJ | OCT 23, 2017 9:04 PM #FLIPKART #SWIGGY #URBANCLAP #URBANLADDER #ACQUISITIONS #INVESTMENTS #BUYOUTS #INDIA NEWS
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