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GoQii and Flipkart settle dispute, but questions remain

A controversial dispute over deep discounting between the Walmart-owned ecommerce giant Flipkart and fitness wearable provider GOQii has been resolved, with GOQii products expected to back up on Flipkart either this week or next, GOQii founder Vishal Gondal told MediaNama. However, Gondal was not forthcoming on the details of the settle, or now concerns that the company had raised about deep discounting and Flipkart's alleged control over pricing of GOQii products on the marketplace, potentially in violation of India's FDI norms, have been addressed. The entire suit and complaint has been withdrawn on all parties, including Retainnet, Techconnect, entities that Gondal had said were discounting products on Flipkart without any direct interaction with GOQii. Gondal declined to comment on whether the company will have direct control over the pricing of its products now. The issue over control over pricing over…

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