Flipkart Buys Mobiles Repair Services Firm
Flipkart Buys Mobiles Repair Services Firm
The acquisition of F1 chain by Flipkart will expand the e-tailer's offerings to mobiles, IT products and consumer electronics from sales to after-sales to repair services.

Set up in 2012, the five-year-old F1 chain has 158 repair service centres in 135 cities across the country. "With about 1,000 employees, including technicians, F1 chain takes about 50,000 service calls a month across the centres," said the statement. F1 is also a service partner for leading mobile and IT products such as Apple, Samsung, HP, Lenovo, Sony and Asus. The acquisition will compliment Jeeves' expertise in large appliances and furniture at F1's service centres and benefit Flipkart's customers in getting their devices repaired.

"The acquisition of F1 will enable us to give our customers a comprehensive service ecosystem, including repair of all their products," said Flipkart Chief Executive Kalyan Krishnamurthy on the occasion. Foraying into smartphones segment in 2014, Flipkart brought to customers mobiles from global makers and made them affordable with no cost EMI, product exchange and buyback guarantees. "With F1 chain, our capabilities in mobile phones become a service differentiator vis-a-via competitors," added the statement.

As the largest online retail portal with an estimated 100-million customer base, the decade-old Flipkart offers a whopping 80 million products across 80 categories through cash on delivery and no cost EMI across the country.

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