WalmartLabs makes first Indian acquihire, brings on-board team from Appsfly

WalmartLabs also powers the retail firm's e-commerce offering the world over in addition to technology acquired through JD.com

On the heels of Walmart's $16-billion investment in Flipkart, WalmartLabs, the technology arm of the US retail giant, has made its first ever Indian acquisition. The company has brought on-board the entire team of engineers from Bengaluru-based Appsfly, which built a system for micro apps to get hosted and streamed on any platform.

The six-member Appsfly team will join WalmartLabs’ team for delivering engaging and consistent shopping experiences to Walmart's customers. WalmartLabs powers the retail firm’s e-commerce offering the world over in addition to technology acquired through JD.com.

Hari Vasudev, country head and vice-president for technology at Walmart Labs India,