What the industry biggies had to say about $16-bn Walmart-Flipkart deal

Walmart buys 77% stake in Flipkart for $16 billion, making it the world's biggest e-commerce deal. Here are comments from industry biggies

Business Standard 

Incredible journey for Bansals: Kunal Bahl
1 / 4
Kunal Bahl, Founder, Snapdeal

“Congratulations @sachinbansal @binnybansal! This has been an incredible journey for you guys and has inspired many entrepreneurs”

Chapter 2 begins for Flipkart: Vijay Shankar Sharma
2 / 4
Vijay Shekhar Sharma, Founder, Paytm

“Sachin & Binny continue to make India proud with their audacious achievements! Cheers to everyone at Flipkart. Chapter 2 begins”

Huge endorsement for Flipkart: Kiran Mazumdar-Shaw
3 / 4
Kiran Mazumdar-Shaw, CMD, Biocon

“Huge endorsement for India’s first e-tailing company. Capital- intensive business that needs deep pockets which Walmart has”

Deal will change competitive landscape: Rohan Bhargava
4 / 4
Rohan Bhargava, Co-founder, CashKaro.com

“The Flipkart-Walmart deal is set to change the competitive landscape of Indian e-commerce”

  

First Published: Wed, May 09 2018. 23:12 IST