Flipkart’s ‘Pay Later’ doubles customer base to over 6 million in 7 months
2 years, 7 months ago

Flipkart’s ‘Pay Later’ doubles customer base to over 6 million in 7 months

The Hindu  

Flipkart, a homegrown e-commerce marketplace, said it has witnessed a strong customer adoption of its 'Pay Later' facility with a user base doubling to over six million in the last seven months. Dheeraj Aneja, SVP & Head – Fintech and Payments Group, Flipkart, said, “As per research, the Buy Now Pay Later market will grow 10x over the next five years, surpassing $40 billion by 2026. Interestingly, 45% of customers prefer to make purchases with BNPL options even if they have a credit card owing to the convenience that BNPL provides.’‘ ‘Flipkart Pay Later’ offered affordability as well as a seamless and convenient shopping experience to customers and was witnessing an upward trend in monthly sign-ups, claimed the e-tailer. Flipkart Pay Later facility provides credit up to ₹1 lakh, depending on the customer’s credit profile.

Pay Customer Flipkart Bnpl  facility  million  pay  months  flipkarts  doubles  customers  bnpl  customer  flipkart  later  credit  witnessing  base  monthly

History of this topic

Flipkart valuation declines over ₹41,000 crore in two years: Major reasons why
9 months ago

Flipkart valuation declines over ₹41,000 crore in two years: Major reasons why

Hindustan Times  

Flipkart's valuation has declined by $5 billion or around ₹41,000 crore as of January 2024 compared to January 2022, as per equity transactions carried out by its US-based parent firm Walmart. The company's ownership of Flipkart increased from approximately 75 per cent as of January 31, 2023, to approximately 85 per cent as of January 31, 2024.” Flipkart valuation: A …

Flipkart valuation declines by over Rs 41,000 cr in two years
9 months, 1 week ago

Flipkart valuation declines by over Rs 41,000 cr in two years

New Indian Express  

NEW DELHI: E-commerce firm Flipkart's valuation has declined by USD 5 billion or around Rs 41,000 crore as of January 2024 compared to that in January 2022, according to equity transactions carried out by its US-based parent firm Walmart. The valuation of the e-commerce firm declined to USD 35 billion as of January 31, 2024, from USD 40 billion in …

Flipkart to launch instant-delivery service: All you need to know
9 months, 2 weeks ago

Flipkart to launch instant-delivery service: All you need to know

India TV News  

Flipkart, an e-commerce major has been planning to enter the quick-commerce business, which aims to deliver orders to customers instantly after purchase. As per the TechCrunch report, citing sources, the e-commerce intends to launch the instant-delivery service in select locations as early as May this year. Flipkart spokesperson was quoted saying, "The e-commerce firm is committed to meeting evolving customer …

Flipkart Layoff: Ecommerce player set to let go 1,500 employees | Know-why
11 months, 2 weeks ago

Flipkart Layoff: Ecommerce player set to let go 1,500 employees | Know-why

India TV News  

Flipkart, one of the popular e-commerce platforms of India is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 which may affect nearly 1,500 employees. E-commerce major Flipkart had a total revenue of Rs 56,013 crore in the 2023 financial year, according to data from business intelligence platform Tofler. The company reported a net loss of …

Mark your calendars: Flipkart's Big Billion Days Sale starts October 8
1 year, 2 months ago

Mark your calendars: Flipkart's Big Billion Days Sale starts October 8

India TV News  

The much-anticipated Flipkart Big Billion Days Sale for 2023 is just around the corner, with the event set to kick off on October 8 and conclude on October 15. To sweeten the deal, Flipkart has partnered with ICICI Bank, Axis Bank, and Kotak Bank for the Big Billion Days Sale 2023. The Big Billion Day Sale is renowned for offering …

Flipkart revamps its membership loyalty programme
1 year, 4 months ago

Flipkart revamps its membership loyalty programme

The Hindu  

Flipkart on Monday introduced an enhanced version of its loyalty programme that now comprises of two tiers: Plus, and Plus Premium. The revamped approach ensures broader access to the programme’s exclusive benefits such as receiving 300 SuperCoins, early access to sale events, and the ability to earn 2% SuperCoins per transaction. Plus Premium members gain even more advantages, including exclusive …

Flipkart Big Saving Days sale: Deals on Poco smartphones
1 year, 11 months ago

Flipkart Big Saving Days sale: Deals on Poco smartphones

Live Mint  

Flipkart, a Walmart owned e-commerce platform, is back with its Republic Day sales. The Flipkart Big Savings Days sale from e-tailer will begin from January 15 and conclude on Jan 20, 2023. Moreover, users can also register for the Plus membership with 40 Flipkart Supercoins and get early access to the Big Savings Days sale. During the Flipkart Big Savings …

Flipkart Big Savings Days sale announced: Date, time and all you need to know
1 year, 11 months ago

Flipkart Big Savings Days sale announced: Date, time and all you need to know

Live Mint  

Flipkart, a Walmart owned e-commerce platform, is back with its Republic Day sales. The Flipkart Big Savings Days sale from e-tailer will begin from January 15 and conclude on Jan 20, 2023. Moreover, users can also register for the Plus membership with 40 Flipkart Supercoins and get early access to the Big Savings Days sale. During the Flipkart Big Savings …

Buy Now, Pay Later: What is BNPL? Popular E-commerce Payment Option Explained
2 years ago

Buy Now, Pay Later: What is BNPL? Popular E-commerce Payment Option Explained

News 18  

Buy now, pay later is a fast-growing financial model most prominently visible on e-commerce and quick commerce websites. Apart from deferred payment, several BNPL service providers also allow for payment in equated monthly instalments once the interest-free deferred repayment tenure ends. The major BNPL brands in India include LazyPay, Simpl, Amazon Pay Later, Flipkart Pay Later, and ZestMoney. In case …

Flipkart Big Saving Days sale begins: Deals on smartphones under ₹20,000
2 years ago

Flipkart Big Saving Days sale begins: Deals on smartphones under ₹20,000

Live Mint  

Flipkart Big Saving Days sale is now live. If you are on a budget and want to to buy a new phone, then here’s a list of phones under ₹20,000 that you can buy Poco X4 Pro 5G Poco X4 Pro 5G with 6GB RAM and 128GB storage capacity is selling at ₹16,999 on Flipkart. The smartphone comes powered by …

Flipkart Big Diwali sale: Top deals on smartphones from Vivo, Xiaomi and more
2 years, 2 months ago

Flipkart Big Diwali sale: Top deals on smartphones from Vivo, Xiaomi and more

Live Mint  

The Flipkart Big Diwali sale has entered its third day. Poco F4 5G The 6GB RAM and 128GB ROM variant of Poco F4 5G is available during the Flipkart Big Diwali sale at a discounted price of ₹23,499 instead of ₹32,999. Customers can avail a 10% off on Kotak Bank Credit Card and SBI Credit Card up to ₹1,250. This …

Flipkart Big Billion Days sale: Check out deals on smartphones under ₹15,000
2 years, 3 months ago

Flipkart Big Billion Days sale: Check out deals on smartphones under ₹15,000

Hindustan Times  

The Flipkart Big Billion Days sale started on September 23 and will last till September 30. Here are five smartphones which you can buy for less than ₹15,000 during the Flipkart Big Billion Days sale. Samsung Galaxy F23 5G has a 5,000 mAh battery and features an eight megapixel front camera. Poco M4 Pro This smartphone is being sold at …

Flipkart Big Billion Days Sale starts on September 13, to offer big discounts on electronics
2 years, 3 months ago

Flipkart Big Billion Days Sale starts on September 13, to offer big discounts on electronics

India Today  

Flipkart is gearing up to host a new sale event, just a few weeks before all the major festivals that will take place starting October. Poco has revealed via its official Twitter handle that Flipkart’s special Big Billion Days sale will start on September 13. So, Amazon’s upcoming sale event could also take place on September 13. During Flipkart’s Big …

Flipkart launches hotel booking feature with affordable travel options, here's all about it
2 years, 3 months ago

Flipkart launches hotel booking feature with affordable travel options, here's all about it

India Today  

Flipkart has launched its own hotel booking feature to extend its business into the hospitality sector. The Flipkart Hotels will have add-on benefits including flexible travel, booking-related policies, and easy EMI options, making the travel experience budget-friendly. Available on the Flipkart app, this new offering provides a hassle-free booking experience, and timely communication through popular messaging apps,” cites the company. …

Flipkart Big Saving Days date announced: Here's when the sale starts
2 years, 4 months ago

Flipkart Big Saving Days date announced: Here's when the sale starts

Live Mint  

Flipkart is set to host another edition of its Big Saving Days. Flipkart has also announced ‘Shop at Sale Price Before Sale’ on August 3 and 4 wherein buyers can avail discounts on multiple products before sale. Offers on smartphones and electronics As part of the five-day long sale, Flipkart will offer deals on smartphones from Apple, Oppo, Vivo, Motorola, …

Last day of Flipkart Mobile Big Saving Days sale: Details on best offers
2 years, 4 months ago

Last day of Flipkart Mobile Big Saving Days sale: Details on best offers

Live Mint  

Flipkart announces ‘Mobile Savings Days July 2022’ offering great deals on a range of latest smartphones and accessories. The maximum discount on an Apple phone is on the 128GB variant of the iPhone 12 which is now available at INR 51,999 instead of INR 65,900. Here are the prices of some of the best deals on smartphones during the Mobile …

Best Deals And Offers On Laptops and Smartphones During Flipkart Big Saving Days Sale
3 years ago

Best Deals And Offers On Laptops and Smartphones During Flipkart Big Saving Days Sale

News 18  

Flipkart?s Big Saving Days sale is in full-swing. Apart from that, buyers can also avail attractive exchange and no-cost EMI offers during the Flipkart Big Saving Days sale. The Asus VivoBook 15 2021 with 11th Gen Intel i3 processor is priced at Rs 34,990 during the sale, the Acer Aspire with 11th Gen Intel Core i5 is being sold at …

Flipkart Big Billion Days: Best Deals On Phones, TVs, Washing Machines & More Today
3 years, 2 months ago

Flipkart Big Billion Days: Best Deals On Phones, TVs, Washing Machines & More Today

News 18  

The Flipkart Big Billion Days sale is in full swing. The iPhone 12 Mini’s 64GB variant is now priced at Rs 40,999, while the 128GB variant is priced at Rs 45,999 during the Flipkart Big Billion Days sale. Apart from this, users can avail a 10 percent discount of up to Rs 1,500 on Axis Bank and ICICI Bank credit …

MacBook Air M1 at Rs 82,990 During Flipkart Big Billion Days Sale: Deals On Laptops
3 years, 2 months ago

MacBook Air M1 at Rs 82,990 During Flipkart Big Billion Days Sale: Deals On Laptops

News 18  

Flipkart?s Big Billion Days sale began yesterday, October 3 for everyone including those who are not Flipkart Plus members. Buyers can also avail no-cost EMI on select credit cards and other offers like flat Rs 100 off on paying via Paytm UPI and wallet. There is also an offer of flat Rs 1,250 off on ICICI and Axis Bank credit …

Flipkart launches ‘Flipkart Xtra’ to onboard part-time job seekers, aims to create over 4,000 jobs
3 years, 3 months ago

Flipkart launches ‘Flipkart Xtra’ to onboard part-time job seekers, aims to create over 4,000 jobs

India TV News  

Walmart-owned Flipkart on Wednesday said it is introducing a separate marketplace model 'Flipkart Xtra' to offer flexible earning opportunities to individuals, service agencies and technicians. The new platform will help bolster Flipkart's supply chain to ensure seamless and faster delivery of shipments and service to consumers across India while creating part-time opportunities for individuals, it added. The launch, which comes …

Flipkart Wholesale brings in credit programme for kiranas, retailers to boost business
3 years, 3 months ago

Flipkart Wholesale brings in credit programme for kiranas, retailers to boost business

India TV News  

Flipkart Wholesale, the digital B2B marketplace of the Walmart-owned company, on Tuesday announced a new credit programme to help kiranas manage their working capital requirements and grow their business. Flipkart Wholesale's credit offerings, including 'Easy Credit' in partnership with IDFC FIRST Bank, are in line with a series of initiatives undertaken to solve local pain points of kiranas in the …

Flipkart’s B2B arm aims to triple reach by year-end
3 years, 4 months ago

Flipkart’s B2B arm aims to triple reach by year-end

Live Mint  

E-commerce major Flipkart group’s business-to-business marketplace Flipkart Wholesale said on Thursday it will triple its reach by July-December 2021, following which the marketplace will serve kirana stores in 2,700 cities across the country. The company said it will be grow its supplier base by 58% in 2021, having seen its kirana customer base rise 17% year-on-year during January-June 2021, it …

Flipkart eyes 2X growth in 'Pay Later' offering
3 years, 4 months ago

Flipkart eyes 2X growth in 'Pay Later' offering

India TV News  

Walmart-owned Flipkart is working on expanding its 'Pay Later' credit offering and aims to clock 2X growth over the next six months. Currently, there are over 2.8 million customers who have adopted Flipkart Pay Later and have made more than 42 million transactions on the platform to date. "Owing to the growing reliance on digital payments, Flipkart Pay Later has …

Flipkart raises USD 3.6 billion from GIC, SoftBank, Walmart, others; valuation hits USD 37.6 billion
3 years, 5 months ago

Flipkart raises USD 3.6 billion from GIC, SoftBank, Walmart, others; valuation hits USD 37.6 billion

India TV News  

Flipkart Group on Monday said it has raised USD 3.6 billion in funding led by GIC, Canada Pension Plan Investment Board, SoftBank Vision Fund 2 and Walmart, valuing the e-commerce giant at USD 37.6 billion. The current funding round has The investment values the Group at USD 37.6 billion post-money, Flipkart said in a statement. As we serve our consumers, …

Flipkart introduces QR-based pay on delivery for consumers
3 years, 6 months ago

Flipkart introduces QR-based pay on delivery for consumers

India TV News  

Flipkart on Monday launched a contactless, QR-code based payment facility for all its pay-on-delivery shipments. Consumers who earlier opted for cash on delivery can now use this facility, scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery, the company said in a statement. The …

Flipkart Big Savings Days sale begins: Know offers, deals and more
3 years, 7 months ago

Flipkart Big Savings Days sale begins: Know offers, deals and more

India TV News  

Flipkart has announced yet another sale and this time around it has been labelled as Flipkart Big Saving Days 2021. Besides the discounts offered by Flipkart, HDFC Bank customers can get up to a 10 percent instant discount using HDFC Bank credit and debit cards. 26,999 during the Flipkart Big Savings Day 2021 sale. Furthermore, the Moto G10 Power and …

Flipkart Announces Its Big Saving Days Sale: Exciting Offers on Smartphones, Electronics & Appliances
3 years, 7 months ago

Flipkart Announces Its Big Saving Days Sale: Exciting Offers on Smartphones, Electronics & Appliances

News 18  

Walmart-owned e-commerce giant Flipkart has announced its next iteration of the Flipkart Big Saving Days sale. There will be up to 80 percent off on electronics and accessories, while TVs and other appliances will see up to 75 percent discounts during the Flipkart Big Saving Days sale. During the Flipkart Big Saving Days sale, the iPhone 11 will be sold …

Flipkart Republic Day Sale Extended: Top Deals on Laptops and Tablets from Apple, Samsung, HP & More
3 years, 10 months ago

Flipkart Republic Day Sale Extended: Top Deals on Laptops and Tablets from Apple, Samsung, HP & More

News 18  

Flipkart’s Republic Day sale has been extended beyond its January 24 end date. Buyers of the iPad 7th Generation will also be able to avail up to Rs 15,750 off on exchange over and above the 10 percent discount on ICICI Bank cards – limited to Rs 1,500 on credit cards and Rs 1,000 on ICICI Bank debit cards. Apart …

Flipkart SmartPack Will Let You Subscribe Your Phone and Upgrade it Every Year: How it Works
3 years, 11 months ago

Flipkart SmartPack Will Let You Subscribe Your Phone and Upgrade it Every Year: How it Works

News 18  

Walmart-owned e-commerce giant Flipkart has introduced a unique ‘Flipkart SmartPack’ subscription-based offering that guarantees money-back on new smartphone purchases, after a 12-month or 18-month tenure. By paying for a 12-month or 18-month SmartPack subscription starting January 17, consumers can purchase a new smartphone on the Flipkart app with a 100 percent money-back guarantee. Users will need to pay the price …

Flipkart Electronics Sale Now Live in India: Best Deals on iPhone XR, Pixel 4a And Some Smart TVs
3 years, 11 months ago

Flipkart Electronics Sale Now Live in India: Best Deals on iPhone XR, Pixel 4a And Some Smart TVs

News 18  

Flipkart’s Electronic Sale is ongoing in India and the shopping website is offering a variety of tech gadgets and products with discounts and other sale deals. Its sale offers include no-cost EMI at starting Rs 4,334 per month, an exchange offer worth up to Rs 13,200, and 10 percent off on SBI ICICI cards. During the Flipkart Electronics sale, the …

Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech co
4 years ago

Flipkart partially spins off PhonePe, Binny Bansal to join board of fintech co

India TV News  

E-commerce major Flipkart on Thursday announced a "partial spin-off" of PhonePe as the digital payment firm raises USD 700 million in funding, valuing it at USD 5.5 billion. In this financing round, PhonePe is raising USD 700 million in primary capital at a post-money valuation of USD 5.5 billion from existing Flipkart investors, led by Walmart, a statement said. Flipkart, …

Flipkart Flipstart days sale to start from December 1, will give up to 80 per cent off on electronic devices
4 years ago

Flipkart Flipstart days sale to start from December 1, will give up to 80 per cent off on electronic devices

India Today  

Flipkart has introduced Flipstart days that will bring users special discounts and offers for the first three days of every month. Flipkart’s website shows up to an 80 per cent discount on electronics and accessories that users can avail on Flipstart days. Further, smart TVs will be priced from Rs 8999 and other home and heating appliances will get a …

Flipkart Big Diwali Sale: All Credit Card, No-Cost EMI, and Exchange Offers During Flipkart's Diwali Sale
4 years, 1 month ago

Flipkart Big Diwali Sale: All Credit Card, No-Cost EMI, and Exchange Offers During Flipkart's Diwali Sale

News 18  

Soon after Flipkart’s biggest annual sale, the Big Billion Days sale concluded, the Walmart-owned e-commerce giant announced its Diwali sale, the Big Diwali Sale which commences today. During the Big Diwali Sale, buyers can expect heavy discounts on more than 3 crore products ranging from smartphones, appliances, and other products, along with credit card offers and no-cost EMI from banks …

Flipkart Big Billion Days Sale 2020 achieves 10 times growth as compared to last year
4 years, 2 months ago

Flipkart Big Billion Days Sale 2020 achieves 10 times growth as compared to last year

India TV News  

Flipkart, on Wednesday, said that it delivered 1 crore shipments in the first five days of its Big Billion Day sale which is a massive 10 times growth compared to the last BBD when only 10 lakh deliveries were made by the e-commerce marketplace in the same period. In cheer for MSMEs, over 66.6 crore visits were recorded during the …

Flipkart Big Billion Days Sale: Poco M2 Pro, Samsung Galaxy F41 & Other Smartphone Deals Under Rs 15000
4 years, 2 months ago

Flipkart Big Billion Days Sale: Poco M2 Pro, Samsung Galaxy F41 & Other Smartphone Deals Under Rs 15000

News 18  

Flipkart is offering discounts bundled with other sale offers on smartphones at its Big Billion Days 2020 sale. Customers with Flipkart Axis Bank credit card and Axis Bank Buzz credit card can also avail additional 5 percent bank offers across all the phones listed below. In terms of offers, Flipkart Axis Bank credit card and Axis Bank Buzz credit card …

Amazon, Flipkart ramp up credit products for festive sales
4 years, 2 months ago

Amazon, Flipkart ramp up credit products for festive sales

Live Mint  

Bengaluru: E-commerce firms Flipkart and Amazon are offering a slew of fintech and credit products to make buying more affordable, even in Tier 2 cities, in the upcoming festive sales as they look to widen the customer base. These include partnerships with banks for broader coverage of debit card EMIs, alliances with digital non-banking financial companies for no-cost EMI solutions …

Flipkart partners Paytm for The Big Billion Days sale
4 years, 2 months ago

Flipkart partners Paytm for The Big Billion Days sale

Live Mint  

Walmart-owned Flipkart on Monday said it has partnered with fintech major Paytm to provide customers a slew of offers and benefits during its festive season sale. "This partnership will enable millions of Paytm users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during The Big Billion Days. Flipkart will host its annual 'The Big …

Big Billion Days: Flipkart to offer instant Paytm cashback during festive sale
4 years, 2 months ago

Big Billion Days: Flipkart to offer instant Paytm cashback during festive sale

India TV News  

Flipkart on Monday said that its partnership with Paytm will enable millions of users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during the ‘Big Billion Days sale that starts from October 16. "This festive season, millions of Paytm users across the country will have access to their wallets and UPI on Flipkart. With …

Flipkart Wholesale joins B2B battlefield
4 years, 3 months ago

Flipkart Wholesale joins B2B battlefield

Live Mint  

BENGALURU: Homegrown e-tailer Flipkart has launched its digital business-to business marketplace as e-commerce firms boost such operations, digitising kiranas and leveraging online sales to take advantage of India’s large consumer base. Ltd, which operates the Best Price cash-and-carry wholesale stores, digital marketplace Flipkart Wholesale will help the e-commerce firm grow its B2B vertical. “Flipkart Wholesale is built on the core …

Flipkart rolls out partial payments to reduce order cancellations
4 years, 5 months ago

Flipkart rolls out partial payments to reduce order cancellations

India Today  

Flipkart is rolling out a new payment system for customers that is aimed at reducing the number of returns and cancellations on its e-commerce platform. According to Flipkart, the CoD is still the most used payment method, despite the steep rise in online transaction ever since the pandemic hit businesses and caused consumer's buying habits to change drastically. But while …

Flipkart Raises $1.2Bn in Walmart-led Funding, Valued at $24.9Bn
4 years, 5 months ago

Flipkart Raises $1.2Bn in Walmart-led Funding, Valued at $24.9Bn

The Quint  

Indian e-commerce giant Flipkart has raised $1.2 billion in a funding round led by its majority stakeholder Walmart along with other existing shareholders. This is the largest fund raising for Flipkart since Walmart acquired the retail platform two years ago for $16 billion. Flipkart CEO Kalyan Krishnamurthy, in a statement, said, “Since Walmart’s initial investment in Flipkart, we have greatly …

Discover Related