Zee Media Bureau
New Delhi: Online marketplace Flipkart might soon begin selling grocery items online, a daily newspaper reported on Wednesday.
Quoting sources, the paper said that Flipkart might start selling the grocery items as soon as second half of this year.
The e-commerce firm, currently being valued at around $11.5-12 billion (about Rs 71,000-75,000 crore), will launch the service as “an in-house offering rather than through an acquisition” the paper said.
The Bangalore-based firm, launched in October 2007, has 30,000 sellers and over three crore registered customers.
According to various industry estimates, the e-commerce market in India was about $6 billion in value in 2012 and is expected to touch around $76 billion by 2021.