Flipkart, last valued at $37 billion in 2024 when it raised $1 billion in a funding round led by Walmart, is shifting its holding company from Singapore to India. Walmart also aims to take the 17 ...

Now, Flipkart has become India's first major online marketplace to secure direct lending rights. This landmark approval fundamentally changes its financial services game.

Flipkart's NBFC licence from the Reserve Bank of India will allow it to offer direct loans to customers and sellers through its platform and fintech app, super.money, marking a significant shift ...

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, a spokesperson ...

This marks a major shift in India’s digital lending landscape, as Flipkart will now be able to offer loans directly to its customers—a first for an Indian online marketplace.

In June 2018, Flipkart arch rival Amazon India had launched its Seller Lending Network, which offers sellers on Amazon India, loan options from multiple third-party lenders.

As Flipkart prepares to roll out its direct lending services, this development signifies a broader shift in how e-commerce companies in India are leveraging financial licences to expand their ...