Flipkart plans to enter quick-commerce business

New Delhi, March 7 (IANS) E-commerce major Flipkart is planning to enter the quick-commerce business, aiming to deliver orders to customers instantly after purchase, the media reported on Thursday.According to TechCrunch, citing sources, the company intends to launch the instant-delivery service in select locations as early as May this year.However, the discussions are ongoing and there may be slight changes in the timeline, the report mentioned."The e-commerce firm is committed to meeting evolving customer expectations and delivering excellence in value, selection and speed, with more initiatives expected on this front in the coming months," a Flipkart spokesperson was quoted as saying.The new foray comes at a time when Flipkart is also exploring the acquisition of the instant-delivery firm Dunzo.Earlier this month, Flipkart announced that it is gearing to roll out same-day delivery of products across multiple categories in metro and non-metro cities.The move will see customers across cities, including Ahmedabad, Bangalore, Bhubaneshwar, Coimbatore, Chennai, Delhi, Guwahati, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, Ludhiana, Mumbai, Nagpur, Pune, Patna, Raipur, Siliguri and Vijayawada.The e-commerce major also launched its Unified Payments Interface (UPI) handle recently to further enhance its digital payment offerings for all customers, including its 500+ million customers.--IANSshs/svn

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