Flipkart acquires digital re-commerce platform Yaantra

Flipkart acquired Yaantra to strengthen its existing re-commerce business in the smartphone sector.

Flipkart acquires digital re-commerce platform Yaantra
Source: Twitter

Walmart-owned e-commerce giant Flipkart announced its acquisition of electronics re-commerce company Yaantra on Thursday for an undisclosed amount.

Yaantra was founded in 2013 by Jayant Jha, Ankit Saraf and Anmol Gupta. The company repairs and sells previously owned electronic goods such as laptops or smartphones.