Flipkart has launched Flipkart Wholesale, an e-commerce platform for small retailers and kirana shops, the company announced on Thursday. As a part of the launch, the company has reverse-acquired Wal-Mart India Private Limited, the US retail giant's Indian wholesale arm. Sameer Aggarwal, CEO of Walmart's India operations, will continue in his role for some time, before moving to a different role at Walmart. Flipkart Wholesale is being pitched as an e-commerce portal for small traders and MSMEs to acquire goods online, and to provide credit to businesses. Flipkart Wholesale will be led by Adarsh Menon, a senior vice president at Flipkart who has been at the company since 2015, before which he served in various roles at Hindustan Unilever for over a decade. "With the acquisition of the Walmart India business, its employees will join the Flipkart Group and the home…
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