Wadhawan Food Retail Private Limited (WFRPL), which operates the Spinach chain of food and grocery stores, is leading the race to acquire Hindustan Lever’s Sangam Direct business. Reliance Retail, Subhiksha and RPG Retail are reportedly the other interested parties.
Sangam Direct is a unique e-tailing format very exclusive to Unilever across the globe. It has been operational for over three years and has been very popular with households in Mumbai. The service now covers almost 80% of Mumbai.
Read the article in DNA Money.
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