Walmart Stores Inc has brought fresh funds worth 6.2 billion rupees ($102.9 million) into its Indian wholesale business in June, as per a filing made by its Indian unit to the Registrar of Companies.
Walmart has 20 wholesale stores in the country and is planning to roll out 50 more over the next four to five years. The retailer had started its e-commerce operations to sell to small businesses Lucknow and Hyderabad earlier this month.
Walmart has 20 wholesale stores in the country and is planning to roll out 50 more over the next four to five years. The retailer had started its e-commerce operations to sell to small businesses Lucknow and Hyderabad earlier this month.
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