The company has offered to pay cash to buy back its 3.375%, Senior Notes that are due in 2024
Flipkart said it continues to bolster the seller base and is in line to have 4.2 lakh sellers on its platform from 3.75 lakh sellers
Flipkart and Amazon India have been facing the wrath of enforcement agencies and regulating bodies since the beginning of 2020.
Flipkart will continue to invest in new categories and leverage made-in-India technology to transform consumer experiences
Last year, CII directed its probe unit to investigate the conduct of Flipkart, which was challenged before the Karnataka high court