Flipkart Wholesale in Final Stage of Integrating Walmart India’s Operations
November 27, 2020
Flipkart Wholesale made an announcement on Thursday stating to be in the final stages of the consolidation of Walmart India’s operations. After acquiring Walmart back in July for an undisclosed amount, Flipkart had introduced “Flipkart Wholesale”, to enter in India’s $650 billion B2B retail market.
During a town hall meet on Thursday, Flipkart Wholesale Head and Senior Vice-President Adarsh Menon said that Flipkart Wholesale is committed to upscale and provide expertise to customers such as MSMEs, Kiranas and HoReCas. He also shared company’s focus on transforming B2B marketplace through technology, and value proposition to aid under-severed businesses along with the prosperity of organization’s employees. The company also aims to provide brands access of national and international markets, focusing to drive better business performance and higher return on investment.
Flipkart has extended job offers to all the Walmart India’s home office employees to join the digital B2B space. The extended job offers have been aligned to their corresponding roles in Flipkart Wholesale in terms of compensation and job profiles. The roles have been assigned after consultation with HR experts and keeping the future organizational planning in mind. The employees are expected to join by January 2021.
Over the past few months, Flipkart wholesale has launched fashion across 16 Indian cities and plans to enter various new segments such as groceries in the upcoming months.