Flipkart Signs pact with FITT for Joint Research in Social Commerce
The Economic Times reported that Walmart-owned Flipkart said it has inked an agreement with Foundation for Innovation and Technology Transfer (FITT) to collaborate in the areas of social commerce, product recommendation to resellers and consumer product exploration journey. “FITT engages with industry to strengthen research translation and knowledge transfer for socio-economic empowerment. In this context, we are pleased to partner with Flipkart, a homegrown e-commerce marketplace, to explore open innovation opportunities towards creating valuable business solutions for millions of customers,” Anil Wali, MD at FITT, said.
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