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Jio Mart launched pan-India to take on Amazon and Flipkart

Reliance Industries Ltd has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com’s local unit and Walmart Inc’s Flipkart in the huge Indian market. JioMart will deliver groceries in more than 200 towns across the country, Damodar Mall, chief executive of grocery retail […]

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Business

Mukesh Ambani’s JioMart to take on Amazon, Flipkart

Mukesh Ambani led Reliance Industries Limited (RIL) has launched its  e-commerce venture called JioMart. Operated by Reliance Retail, which is the retail arm of RIL. Billionaire Ambani first hinted at the e-commerce venture by calling it “new commerce initiative” last year. The Mumbai-based company is projected to connect three crores offline retailers with over 20 […]