Flipkart sets sights on fintech sector, plans to ramp up technology team

Flipkart
Photo: REUTERS/Abhishek N. Chinnappa

Flipkart, India’s largest online marketplace, which is set to enter new categories such as furniture and groceries, plans to launch and build a new business to tap the fintech sector and hire executives from Silicon Valley as part of its push into areas such as artificial intelligence and machine learning, even as it scales back focus from some initiatives such as assisted commerce.

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