Walmart is committed to a future where retail in India is a mix of shopping experiences that best serve Indian consumers, suppliers, producers, and retailers. We are building out a holistic ecosystem that includes a wholesale cash-and-carry business, eCommerce platforms, a payments and financial services platform, as well as logistics and supply chain capabilities – strong local businesses that are powered by Walmart.
Walmart invests in programs and initiatives that help local sellers and suppliers, including kiranas, micro-, small- and medium-sized enterprises. (MSMEs), farmers, artisans, and women-owned businesses to modernize, prosper and create local jobs in the country.
As a socially responsible organization that is committed to creating economic opportunity, enhancing long-term environmental sustainability, and strengthening local communities, Walmart is determined to help drive India’s growth story and create shared value.
The Flipkart Group is one of India's digital commerce leaders and includes group companies Flipkart, Flipkart Wholesale and Myntra. Since launching in 2007, Flipkart has enabled millions of consumers, sellers, merchants, and small businesses to be a part of India's eCommerce revolution. It has a registered customer base of over 350 million and offers upwards of 150 million products across more than 80 categories.
The company’s efforts to democratize eCommerce in India by driving access and affordability and delighting customers have inspired many industry firsts, empowered generations of entrepreneurs and MSMEs, and helped create lakhs of jobs across the ecosystem. The launch of the Flipkart Wholesale digital marketplace in July 2020 is a testament to the company’s commitment to accelerate the growth of kiranas and MSMEs in India. In April 2021, Flipkart acquired Cleartrip, a leading online travel technology company.
Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns – customer-centric innovations that have made online shopping more accessible and affordable for millions of Indians. Together with Myntra, which holds a prominent position in the online fashion market, the Flipkart Group will continue to steer the transformation of commerce in India through technology.
Flipkart Group President and CEO: Kalyan Krishnamurthy
Flipkart Wholesale is transforming the kirana retail ecosystem in India by leveraging cutting-edge and locally developed technology. With its digital marketplace and Best Price stores and supply chain infrastructure, Flipkart Wholesale is focused on enabling growth and prosperity for kiranas and MSMEs throughout India’s retail ecosystem. By providing small businesses with a wide selection of quality-assured products at significant value, powered by technology for greater efficiency and better margins, Flipkart Wholesale is committed to making their lives easier.
Myntra is India’s largest eCommerce store for fashion and lifestyle products. Providing an easy and enjoyable retail experience to shoppers across the country, Myntra brings the power of fashion to Indian consumers with a vast array of the latest and trendiest products from the country’s widest selection of brands. Myntra delights customers with its range and value, offering authentic products, cash on delivery and a 30-day returns policy, among other benefits. Its in-season product catalogue – the largest in India – is required reading for the nation’s fashionistas.
Myntra CEO: Amar Nagaram
The PhonePe is a payments platform that was established in December 2015 with the aim of making digital payments easy, safe and universally accepted in India. Over 300 million registered users use PhonePe to send and receive money, recharge their mobiles, Direct To Home connection, make utility bill payments, buy gold and insurance and invest. PhonePe is also accepted as a payment option across 20 million merchant outlets nationally.
PhonePe CEO: Sameer Nigam
Walmart Global Sourcing in India
Setting up in Bangalore in 2002, Global Sourcing has long given Indian manufacturers a way to sell their products, including apparel, homeware, jewelry, hardlines and more, in overseas markets such as the U.S., Canada, Mexico, Central America and the United Kingdom. Upholding Walmart’s reputation as the world’s most trusted retailer, Global Sourcing regularly audits suppliers’ practices and works with them via the Walmart Responsible Sourcing Program to help them meet Walmart standards.
Walmart Global Tech India
Walmart Global Tech India is where we build technology solutions to help millions of Walmart customers around the world. The teams in Bengaluru, Chennai and Gurugram are engaged in creating cutting-edge engineering and product development solutions to support Walmart’s strategy of offering customers an anywhere, anytime shopping experience.
Walmart is committed to business in India and dedicated to making a difference in the lives of customers and supporting suppliers and sellers, while contributing to communities and the economy as part of India’s long-term growth.
To support local business and help strengthen the economy in India, Walmart and Flipkart have launched several initiatives:
- In December 2020, Walmart made a $10 billion commitment to source India-made goods each year by 2027
- Walmart Vriddhi, launched December 2019, is a comprehensive growth and training program that helps MSMEs modernize, scale, and meet their domestic and international ambitions.
- Flipkart Samarth was launched July 2019, to empower Indian artisans, weavers and craftsman and provide a marketplace to sell their goods.
We have committed to help strengthening smallholder farmer communities
- In 2018, the Walmart Foundation made a commitment of $25 million over five years to support the sustainable livelihoods for farmers in India and separately, Walmart India will grow its direct sourcing from farmers to 25 percent of produce sold in its Cash & Carry stores over the same period.
- In September 2020, the Walmart Foundation announced two new grants as part of their commitment, bringing the total to $15 million contributed and more than 140,000 farmers, including 80,000 women, to benefit.
Flipkart is committed to becoming a more sustainable business
- Outlined the vision to eliminate single-use plastic and is making last mile delivery more sustainable with electric vehicles and
- Announced achievement of 100% single use plastic elimination packaging through its own supply chain