InvestorQ : Can you tell me about the proposed tie up between Flipkart and Adani Enterprises?
Anamika Sodhani made post

Can you tell me about the proposed tie up between Flipkart and Adani Enterprises?

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Angel dcosta answered.
3 weeks ago
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Flipkart has tied up with Adani group in order to strengthen the logistics and the data centre of the company, something Adani is heavily invested into. Adani Logistics will, in fact, build 534,000 SFT area fulfilment centre in Mumbai and lease the same to Flipkart. This is a business that the Adani Group is heavily investing into and it sees a solid future potential in that particular segment.

Adani group also proposes to strengthen its supply chain by combining offline and online capabilities in a big way. The data centre is supposed to be operational by the third quarter of financial year 2021-22. Flipkart will also develop its third data centre to warehouse its confidential client data at the Adani facility. In addition, the site would also be used to house 10 million units of Flipkart inventory at any time.

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