Flipkart in talks to acquire Namdhari Fresh: Report
By Retail4Growth Team | May 03, 2019
A media report cited sources to say that Walmart has held talks with Namdhari, but the acquisition will be made through Flipkart.
In a bid to expand the offline reach and to boost its grocery delivery business, Walmart-owned Flipkart is in talks with Bengaluru-based grocery chain Namdhari Fresh, claims a media report.
A media report cited sources to say that Walmart has held talks with Namdhari, but the acquisition will be made through Flipkart. However, the details of the deal are still being worked out.
According to reports, Walmart is keen to get into business with strong agri-supply chain and Namdhari’s sourcing from farmers is a key area of focus in the talks.
Namdhari Fresh is a retailer of fruits, vegetables, and staples. It operates over 25 outlets in Bengaluru and plans to open stores in other metros as well.
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