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Flipkart Acquires Minority Stake in MapmyIndia to Strengthen Delivery Operations

Flipkart announced Thursday that it has acquired a strategic minority stake in CE Info Systems Pvt Ltd, the makers of MapmyIndia.

The business partnership will see Flipkart license map data and location technologies from MapmyIndia, extend a new layer of capability to its supply chain and logistics operations, and provide a hassle-free and timely customer experience, the company said. 167 more words