Flipkart invests ₹666 cr in logistics arm EKart
Flipkart has invested ₹666 crore in its logistics arm EKart, which was bought back from WS Retail in September 2015. This is Flipkart's second investment in seven months into the logistics business created with the name 'Instakart Services'. In July 2015, Flipkart's Instakart Services received ₹127 crore from Singapore-based Klick2Shop Logistics Services International.