Flipkart acquires Israel-based start-up Upstream Commerce

Date posted: Wednesday 26 September 2018

Flipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as India’s largest online retailer looks to support its massive seller base with services such as real-time pricing and information on product assortment. The latest buyout will also enable Flipkart to have an outpost in Israel, which is widely regarded as one of the world’s foremost start-up ecosystems. The terms of the latest deal were not disclosed.

(Live Mint)