Flipkart tried to buy a stake in Swiggy to compete against Zepto, Blinkit: Report

Walmart-owned Flipkart considered buying a stake in food delivery platform Swiggy about eight-ten months ago, but the talks fizzled out due to a valuation mismatch. The talks were part of Flipkart’s efforts to take on quick commerce players such as Zepto and Blinkit, according to an Economic Times report. HT couldn’t independently verify the information. A Swiggy spokesperson has denied that any such talks took place.