ru24.pro
News in English
Июнь
2024

Flipkart explored a deal with Swiggy for a pie of quick commerce

0
Flipkart explored a deal with Swiggy for a pie of quick commerce

Eight to ten months ago, discussions about a potential investment by Flipkart in Swiggy, two of India's biggest internet companies in the consumer sector, were underway. This potential alliance was driven by the changing landscape of the market, particularly the rise of quick commerce. However, due to disagreements on valuation, the talks ultimately fell through.