'Partnering with Davinta will give members on our platform access to credit with a single click,' says Adarsh Menon, senior vice president and head - Flipkart Wholesale
The firm is playing a key role in the success of many local and small brands by helping bridge the gap between them and Kiranas and retailers that sell to the masses.
Over 100,000 Kirana stores to be supply-chain partners to deliver millions of packages in more than 10,000 pincodes
The digital B2B marketplace has announced the launch of industry-first credit programmes that aim to help kiranas manage their working capital and grow their business
Flipkart Wholesale, the digital B2B marketplace of Flipkart, has announced the launch of credit programs which aim to help kiranas manage their working capital requirements and grow their business
E-commerce adoption by kiranas on Flipkart Wholesale doubled in Jan-June this year over last year. This is seen growing 180% in July-December 2021, over the same period last year
The scale of its green energy debut is stunning
Flipkart Wholesale is also witnessing high organic adoption of e-commerce among its Best Price members
Mediratta said e-commerce sales have gone up 10 times since they started in April 2020.
Online as a percentage of sales for FMCG companies has touched 8-9 per cent for some firms versus 5-6 per cent a few months ago.
Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.
Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.
According to RedSeer, online grocery will grow eight times to $18 billion market size in 2024, with 40-50% growth seen in the 2021 calendar year
Perpule provides UltraPOS is a cloud-based, mobile POS system that substantially improves the billing and checkout process at stores
India's retail landscape is changing, with global and domestic consumer and retail behemoths fighting tooth and nail to woo shoppers, as many choose large, clean supermarkets over crowded local stores
Here's a selection of Business Standard opinion pieces for the day
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery
Now with the number of Covid cases declining, Relan and team may look at other startup ideas
Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases
The B2B market (excluding industrial goods) stands at $780 billion and on an annualised basis, Udaan has already clocked up $2.4 billion in gross merchandising value