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Fresh after Funding, Flipkart in talks to invest in Swiggy, UrbanLadder
The Flipkart VS Amazon battle is hotting up with both the ecommerce giants eyeing acquisitions to gain an upper hand
Flipkart which is sitting on a USD 4 Billion on the back investments raised from SoftBank, Tencent, eBay and Microsoft earlier this year cash.
According to media reports, Flipkart is in talks with Swiggy, UrbanClap and UrbanLadder along with other wealth management startups to either invest or buyout in order to expand its operations.
Flipkart is also in talks with BookMyShow to pick up a minority stake to take on PayTM acquisition of Insider.in