Flipkart acquires majority stake Minvet for AI-based e-commerce innovation

Flipkart has acquired a majority stake in Minivet, an AI/ML solutions provider. This strategic move aims to enhance Flipkart's Generative AI capabilities. Minivet specializes in creating engaging video content for e-commerce. The acquisition will accelerate the development of intuitive and immersive shopping experiences for customers on Flipkart and across the Flipkart Group ecosystem.

Flipkart acquires majority stake Minvet for AI-based e-commerce innovation
Flipkart has acquired a majority stake in Minivet, an AI/ML solutions provider. This strategic move aims to enhance Flipkart's Generative AI capabilities. Minivet specializes in creating engaging video content for e-commerce. The acquisition will accelerate the development of intuitive and immersive shopping experiences for customers on Flipkart and across the Flipkart Group ecosystem.