Tag: Dhingra

  • Flipkart: ‘Lets buy Letsbuy’. Deal.

    Flipkart, India’s largest e-commerce company, has acquired its main competitor, Letsbuy, for cash and equity. The details are not yet known, but Sachin Bansal, Flipkart’s CEO did say that ‘This acquisition opportunity came at a very attractive price for us and the timing has also been ideal.‘ Letsbuy will still continue to function independently, but…