Flipkart acquires Yaantra to strengthen re-commerce business, improve after-sale offerings

Flipkart has acquired electronics re-commerce company Yaantra. 

New Delhi: Flipkart Group has acquired electronics re-commerce company Yaantra for an undisclosed amount as part of efforts to strengthen its re-commerce business and enhance after-sale offerings for its customers in the smartphones segment.

The acquisition has been effected through FK Group Entity, F1 Info Solutions and Services Pvt Ltd that is engaged in the business of offering comprehensive lifecycle management (repairs and refurbishment) for various categories including mobility, consumer electronics, IT and IT peripherals, AV and enterprise solutions, in the B2B (business-to-business) segment, according to a statement.

Yaantra, incorporated in 2013 by Jayant Jha, Ankit Saraf and Anmol Gupta, repairs and sells refurbished consumer tech products such as smartphones and laptops.