The acquisition, ahead of a possible IPO, has been made through a new entity called Instakart Services Pvt. Ltd
New Delhi/Bengaluru: India’s largest e-commerce firm Flipkart Ltd has bought back its logistics business from WS Retail Services Pvt. Ltd, the largest seller on its platform, and a company with which it has close links, in an effort to simplify its structure ahead of a possible share sale a few years later.
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