Flipkart in talks to buy grocery chain Fresh: report
Premium- The acquisition will help Flipkart expand its food and grocery segment
- Namdhari's Fresh operates over 30 stores in Bengaluru
PremiumBengaluru: Walmart Inc-owned e-commerce firm Flipkart is in talks to buy Indian grocery chain Namdhari's Fresh, CNBC-TV18 reported on Wednesday, citing sources.
Namdhari's operates over 30 stores in Bengaluru, and the acquisition will help Flipkart expand its food and grocery segment, the report added.
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2 min read . 06:28 PM ISTWalmart acquired about 77% of Flipkart for roughly $16 billion last year, beefing up the competition to Amazon.com Inc in the fast growing Indian e-commerce market.
Walmart, Flipkart and Namdhari's did not immediately respond to Reuters' requests for comment.
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