One of the prominent leaders in the e-commerce industry, Flipkart has created ‘Farmermart’ to join the food business! This will be the website selling and delivering vegetables, fruits, and grocery items.
The global leader in the e-commerce industry, Walmart had allotted Rs. 2500 Crores to buy Flipkart. Presently, all the legal formalities for obtaining the license and other procedures according to the Indian Government Rules and Regulations are being expedited.
An important point worth noting here is that Walmart has more winning experience in this industry as compared to Amazon. So, it is confidently expected that Walmart will push Flipkart up in the e-commerce industry with all required inputs.
Presently, Flipkart has embarked on a mission entering into sales contracts with Indian retail traders, local farmers, etc.