Bengaluru: India’s largest e-commerce firm Flipkart has launched a new private label brand for its key large appliances category, amid a broader internal push from chief executive Kalyan Krishnamurthy to build out a new billion-dollar business from private labels and simultaneously improve margins.
The new brand called MarQ comes at a time when Flipkart is looking to reduce its dependence on the smartphone business and cement its position at the top of Indian e-commerce, after winning the Diwali festive sale battle against arch-rival Amazon India.
Flipkart, India’s leading e-commerce company today unveiled its first in-house brand for large appliances called ‘MarQ.’ Flipkart launched this new brand with the vision to make ‘Better. Possible Today’, the range of appliances under MarQ are basically larger appliances such as TVs, ACs, Washing Machines, etc.
Flipkart launches private label MarQ for large appliances category
The new brand called MarQ comes at a time when Flipkart is looking to reduce its dependence on the smartphone business and cement its position at the top of Indian e-commerce, after winning the Diwali festive sale battle against arch-rival Amazon India.
Flipkart, India’s leading e-commerce company today unveiled its first in-house brand for large appliances called ‘MarQ.’ Flipkart launched this new brand with the vision to make ‘Better. Possible Today’, the range of appliances under MarQ are basically larger appliances such as TVs, ACs, Washing Machines, etc.
Flipkart launches private label MarQ for large appliances category
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