Amazon India head Amit Agarwal has dismissed reports of Amazon acquiring Flipkart as rumours and speculation, and refused to comment on that. Photo: Aniruddha Chowdhury/MintBengaluru: Since its launch in June 2013, Amazon India (Amazon Seller Services Pvt. In an interview, Amazon India country head Amit Agarwal, who is also one of the senior-most leaders globally at Amazon.com Inc., talked about the company’s plans for the next five years. Agarwal declined to comment on reports of Amazon’s talks with Flipkart but said that if Walmart were to become a Flipkart investor, it will boost the e-commerce market in the country. When we entered India, e-commerce was mostly an urban phenomena, with a few people buying and price being the main determinant.

Source: Mint April 23, 2018 03:00 UTC