Home
Internet
Internet News
Flipkart to Re Apply for Food Retail License

Flipkart to Re-Apply for Food Retail License

If successful, Flipkart would compete with Amazon India, BigBasket, Grofers, and JioMart.

By Reuters | Updated: 1 June 2020 17:57 IST

Flipkart to Re-Apply for Food Retail License

If successful, Flipkart would compete with Amazon, BigBasket, Grofers, and JioMart

Click Here to Add Gadgets360 As A Trusted Source

Highlights

Flipkart’s earlier proposal was reportedly rejected last week
It will now re-apply
Flipkart is owned by Walmart

Walmart's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week. Department for Promotion of Industry and Internal Trade (DPIIT) last week rejected the e-retailer's proposal to sell food products through online and mobile platforms, the Times of India newspaper reported on Monday.

"We are evaluating the department's response and intend to re-apply as we look to continue making a significant impact on small businesses and communities in India," the company said in a statement.

If successful, Flipkart would compete with Amazon's India unit, Alibaba-backed BigBasket, SoftBank-backed Grofers, and Reliance Industries's recently launched JioMart.

© Thomson Reuters 2020

Is Realme TV the best TV under Rs. 15,000 in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, download the episode, or just hit the play button below.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.