E-commerce company Infibeam, is all set to join hands with the Government of Gujarat and sign an MoU to setup Vishwagram Bazaar, a connected retail platform for fair price shops and village entrepreneurs under their own brand name. Infibeam claims that this will be a Rs 2,000 crore MoU, and part of the Gujarat government's IT enabled rural retail and marketplace initiative. Connecting Vishwagrams In an interview to MediaNama, Infibeam Founder and CEO Vishal Mehta informed that Infibeam will invest Rs 2,000 crore over a period of 5 years, with support from the Gujarat government, in developing IT infrastructure, logistics, product inventories and support services to cater to 15,000 to 20,000 centers comprising of village fair price shops and local entrepreneurs across the state. Infibeam will open up its e-commerce platform and provide a virtual inventory to them and set-up their online Vishwagram…
