Flipkart, Moj tie up to take video, live commerce to next 200 mn customers

The collaboration also incentivises content creators in the Moj ecosystem by enabling new commerce-led revenue streams to deepen socio-economic impact

Flipkart
Flipkart
Peerzada Abrar Bengaluru
3 min read Last Updated : Oct 28 2021 | 4:03 PM IST
E-commerce firm Flipkart and Moj, India’s largest homegrown short-video platform, have collaborated to enable Video and Live Commerce experiences at scale. This will help Flipkart to scale video commerce in the country and engage the next 200 million e-commerce customers.

Moj has the highest monthly active user base of over 160 million members, making it the largest among all Indian short-form video platforms today. Besides making e-commerce accessible to millions of first-time users, this collaboration also incentivises content creators in the Moj ecosystem by enabling new commerce-led revenue streams to deepen socio-economic impact.

“The rise of short-form video as a preferred content format across India today has created the right opportunity for us to pursue Video and Live Commerce at scale,” said Ravi Iyer, senior vice president and head, corporate development, Flipkart. “The strategic collaboration between Flipkart and Moj will play a key role in onboarding the next 200 million e-commerce users while creating an ecosystem that benefits all stakeholders involved - from brands and sellers to content creators.”

Given the diverse cultural fabric of the country and with the intention to offer an inclusive e-commerce experience to every consumer, Flipkart continues to bridge the gap between audiences through regional language interface experience. This  has played a key role in onboarding first-time consumers.

“Moj’s wide reach through the Indic languages it operates in is another step in this direction,” said Iyer. “Today, we are at the threshold of creating a brand new e-commerce experience driven by the best technology and we believe this is going to be well-received by people across the country.”

A recent report published by research firm RedSeer Consulting predicts that the gross merchandise value of live commerce through short videos would touch $5 billion in India by 2025. This growth trend indicates prevalent consumer and market interest in this emerging segment of content-led commerce experiences.

In another recent study by Bain & Company, three in four Internet users (or 600 to 650 million Indians) will consume short-form videos by 2025. Among the various short-form video platforms in India, Moj has the highest active user base thanks to its expertise in AI (artificial intelligence) and ML (machine learning) and content recommendation engine.

Manohar Singh Charan, chief financial officer of Mohalla Tech Pvt Ltd., the parent company of Moj said one of the key efforts of the company is to help create stable long-term opportunities that help its creator community monetize their content. The creator economy led revenue streams are globally seeing a massive upsurge.

“This collaboration with Flipkart is a step towards developing a concrete revenue stream for creators in India, while also enhancing the social experience of our users on the platform,” said Charan. “The seamless amalgamation of content and commerce will push brands to reimagine how they connect with their consumers and ignite the digital social commerce revolution in India.”

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Flipkartvideo streaming

Next Story