Flipkart edging to a marketplace model

22 Sep 2015
India's biggest e-commerce site Flipkart Ltd, backed by Tiger Global, Naspers and DST Global, has bought back its logistics business from WS Retail Services Pvt. Ltd, the largest seller on its platform, through a new a new entity called Instakart Services Pvt Ltd, reported Live Mint. Significantly, the action signified Flipkart's move away from inventory-led platform to a marketplace.  The value

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Radhika Sachdev

Radhika Sachdev is a journalist who has held senior editorial positions with major Indian newspaper banners. She has over 20 years of experience in the profession, covering Advertising, Marketing, Media, Education, HR, Real Estate and Environment beats. She is also a partner and chief content developer for Write Solutions, a boutique content house she founded eight years ago, signifying her diversification from journalism to copywriting and media consultancy.