News > Flipkart acquires electronics recommerce platform Yaantra
Flipkart acquires electronics recommerce platform Yaantra
Gadgets Now | 13/01/2022 06:25 PM | Click to read full article
Flipkart Group said it has acquired electronics re-commerce company Yaantra for an undisclosed sum. The acquisition, said Flipkart, will augment its existing refurbishment business in the smartphone category.
"Through the acquisition of Yaantra, we are enhancing our capabilities in a domain that is critical for the growth of the digital economy in India, as well as developing a comprehensive service ecosystem to support its expansion," said Ravi Iyer, Senior Vice President and Head, Flipkart.