Flipkart Big Billion Days to have 100,000 kiranas, 375,000 sellers

#festive season, #Flipkart, #The big billion days

Over 100,000 kiranas and 375,000 sellers will be part of Flipkart to offer products across multiple segments like electronics, appliances, groceries, fashion, beauty etc.

As India recovers from the massive impact of the second wave of COVID-19 and heads into the festive season, e-commerce giant Flipkart has announced the dates for its annual Big Billion Days. The Walmart-owned company said that the eighth edition of its Big Billion Days would be held from October 7 to October 12.

Over 100,000 kiranas and 375,000 sellers will be part of the platform to offer products across multiple segments like electronics, appliances, groceries, fashion, beauty etc.

Kalyan Krishnamurthy, the CEO of Flipkart Group, said that this time the company had worked towards reviving consumer sentiment post the lull due to the pandemic.

“Every year, The Big Billion Days marks the beginning of India’s festive season and each time we set out to deliver the best possible experience for all our consumers, sellers and brand partners. Over the past year, in collaboration with our ecosystem partners, we’ve worked towards creating opportunities that revitalize consumer sentiment in these challenging times and revive India’s economic growth,” he said.

The Bengaluru-based e-commerce player added that it has on-boarded 75,000 new sellers over the last few months. These sellers are predominantly from Tier II and Tier III cities and towns such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, among others.

Flipkart added that its supply chain capabilities too have been scaled up ahead of the festive season, both in first and last-mile delivery, largely in under-penetrated parts of the country. The company’s Kirana Delivery Program has onboarded local general trade stores as delivery partners too.

“Flipkart’s commitment to providing value to consumers, growth opportunities for MSMEs, sellers and lakhs of Kirana partners, and employment generation through e-commerce, goes to show how the country has embraced e-commerce over the past year and a half and The Big Billion Days is our way of giving back to the community and enthuse the festive spirit across the nation,” Krishnamurthy added.

Flipkart is also betting big on its Buy Now Pay Later (BNPL) offering. Customers can avail of the Flipkart Pay Later no-cost EMI facility for a credit line of up to Rs.70,000. Eligible customers can repay the amount over a tenure of 3, 6, 9 or 12 months.

Kiranas and retailers will also have the option to avail of an interest-free credit line for Rs. 5,000 up to Rs 3 lakh for 14 days. The e-commerce player will also allow customers to pre-book their products by paying Re. 1 as a token advance.
Founded in 2007, Flipkart currently has a registered customer base of over 350 million and has over 150 million products on its platform across 80 plus categories. The Flipkart Group includes companies like Flipkart, Myntra, Flipkart Wholesale, and Cleartrip and is also a majority shareholder in digital payments company PhonePe.

Internet Explorer Channel Network
News Related

OTHER NEWS

Buzzing Stocks: RIL, Zee Entertainment, HDFC Life Insurance and other stocks in news today

Results on October 22: Reliance Industries, HDFC Life Insurance Company, Yes Bank, Apollo Pipes, Bharat Seats, Crompton Greaves Consumer Electricals, Dodla Dairy, Federal Bank, Gland Pharma, Hindustan Zinc, Inox Leisure, ... Read more »

Chinese real estate giant Evergrande makes long-awaited interest payment

The company has missed three deadlines in recent weeks for interest payments on loans that should have been paid by September 23. The group had until Saturday, October 23 at ... Read more »

Concern over Thaicom sway mars deal Company has yet to resolve hiring deal

Satellite dishes at Thaicom’s headquarters in Nonthaburi province. (Photo: Pattarapong Chatpattarasill) The board of National Telecom (NT) is reluctant to hire SET-listed Thaicom to operate the control system of Thaicom ... Read more »

Minister to submit letter on CPTPP

Thailand's decision on whether to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is becoming clearer, as Foreign Minister Don Pramudwinai is expected to submit a letter of ... Read more »

CP-led group to take over airport link

A Charoen Pokphand Group-led consortium will take over the operations of Airport Rail Link services on Monday. (Bangkok Post photo) A consortium led by Charoen Pokphand Group will take over ... Read more »

Trade Spotlight | What should you do with IRB Infrastructure and Shoppers Stop now?

The market remained in the bear hug for the third straight session following weakness in global peers, dragged by FMCG, IT and Metal stocks, on October 21. But the banking and financials and ... Read more »

Daily Voice| Cyclical sectors likely to turn around and look attractive, says Rajesh Cheruvu of Validus Wealth

With a change in the nature of economic cycles, cyclical growth sectors are likely to look more attractive. Most of these sectors have been underperformers for over five years. An improvement in capacity ... Read more »

Hot Stocks | 'Can bet on Bank of Baroda, Kotak Mahindra Bank and Union Bank for double-digit returns in 2-3 weeks'

After testing a fresh lifetime high of 18,604 on October 19, Nifty started to move lower. The profit booking spree continued for the third straight session on October 21 and ... Read more »

Storyboard | A new name for Facebook Inc. Hot or not?  

Facebook. | Representative image Soon after news broke that Facebook Inc is looking to rebrand its eponymous social media platform, people began sharing their suggestions for a new name for ... Read more »

Ascendas Reit to acquire 11 logistics properties in Kansas City for $207.8 million

SINGAPORE (THE BUSINESS TIMES) – Ascendas real estate investment trust (Reit) has proposed the acquisition of 11 logistic properties located in Kansas City in the United States for $207.8 million. ... Read more »

How companies like Crocs and Uber will continue to pay less tax under a new law

‘A shambles’ is what Professor of Tax Law Jan van de Streek of Leiden University calls the bill by outgoing State Secretary for Tax Affairs Hans Vijlbrief (D66), which aims ... Read more »

Supply-chain woes hitting social media as firms cut back on holiday advertising, says Snap

Shares of Snap tumbled more than 25 per cent in extended trading. SAN FRANCISCO (BLOOMBERG) – Snap warned on Thursday (Oct 21) that supply-chain bottlenecks are prompting companies to hold ... Read more »

PTTGC pledges to reduce its emissions Firm targets 20% decrease by 2030

The net-zero goal, which is also known as carbon neutrality, requires countries to strike a balance between emissions and absorption of carbon dioxide from the atmosphere. PTT Global Chemical Plc ... Read more »

Production outlook improving

From January to September, domestic car production increased by 25.6% year-on-year to 1,211,946 units. The Federation of Thai Industries (FTI) expects car production to grow beyond the target of 1.6 ... Read more »

'Zero-trust security' on the rise Remote work economy lifts demand for IT security but many Asian companies must do more to upgrade, says Okta

The survey found that organisations in Asia Pacific prioritise zero-trust security more than their peers in other regions. The unprecedented mass migration of organisations' IT infrastructure to cloud and digital ... Read more »

Hawaii Welcomes Travelers Back Beginning November 1 Announcement comes about two months after tourists were asked to voluntarily postpone travel due to Covid-19 concerns

Hawaii will open itself to travelers in November, after being asked in August to postpone their trips. “Beginning Nov. 1, we want to invite and encourage fully vaccinated visitors and ... Read more »

BAAC to back farming-related startups

Bank for Agriculture and Agricultural Cooperatives (BAAC) will invest in promising startups in the farming sector, especially those which have boosted farmers' income, said the bank's executive vice-president Narong Khuntiviriyakul. ... Read more »

Three schemes set to welcome visitors

People walk pass a thermal screener at Don Mueang airport in Bangkok on Wednesday during a readiness inspection in preparation for the country’s reopening on Nov 1.  Pattarapong Chatpattarasill Thailand's ... Read more »

Cryptocurrencies a new issue for SEC Regulator to educate young investors

Cryptocurrencies have given rise to a new set of challenges for the Securities and Exchange Commission (SEC) as the recent price surge has lured numerous new investors to the market ... Read more »

BoT eases mortgage LTV ratio Move aims to boost property sector

The Bank of Thailand (BoT) has further eased the loan-to-value (LTV) ratio for mortgage lending to allow homebuyers to borrow loans of up to 100%, aiming to help boost the ... Read more »

Krungsri profit soars for first 9 months

A customer utilises passbook update services provided at a bank branch of Krungsri. Varuth Hirunyatheb Bank of Ayudhya (BAY), marketed under the brand Krungsri, has reported a net profit of ... Read more »

Zipmex unveils ZLaunch platform

The ZLaunch platform will be accessible to Zipmex’s users from Oct 26. Zipmex has introduced ZLaunch, a platform that allows users to stake in the platform's original token — Zipmex ... Read more »

Phuket envisages attracting 10,000 tourists per day

Phuket aims to attract 10,000 tourists per day, contributing 35 billion baht to the local economy by December, while the island is listed among the top destinations for local travellers ... Read more »

Qantas ramps up for Christmas rush as Australia borders reopen

SYDNEY (BLOOMBERG) – Qantas Airways is gearing up for a Christmas rush, bringing back all its Australian workers and adding flights as the nation’s borders reopen after more than 18 ... Read more »

Hopson says it considers agreement to buy Evergrande unit to be ‘legally binding' despite cancellation

China Evergrande rival Hopson Development Holdings Limited, which had sought to buy half of the embattled developer’s property management unit, still considers the purchase agreement “legally binding” despite Evergrande rescinding ... Read more »

Existing owner-occupied homes in September 18.5 percent more expensive

Photo: ANP Prices of existing owner-occupied homes were 18.5 percent higher in September compared to a year earlier. That is the largest price increase since July 2000. At the same ... Read more »

U.S. government agency in charge of financial stability weighs in on climate change risks

U.S. Treasury Secretary Janet Yellen listens as U.S. President Joe Biden holds a meeting with business leaders and CEOs about the debt limit at the White House in Washington, U.S., ... Read more »

Houses have become more than 80% more expensive in 8 years

The statistical office saw the price increase level off slightly in 2019, but have since picked up again. Statistics Netherlands uses data from the Land Registry about existing private owner-occupied ... Read more »

Shippers are having their own supply chain issues, leading to a battle for packing materials

"Someone like Amazon is obviously going to be at the front of the line to get their share of capacity, whereas these smaller businesses are at the back of the line,” said one e-commerce owner. Read more »

‘With different government policy, the gas price would now have been lower for many people and companies'

Just a few years ago we would have been very happy with today’s high gas prices. As an exporter, the Netherlands earned billions of euros extra for decades if gas ... Read more »

Why work has become an ‘exhausting rat race'

The best career advice for young people? Working on the weekend. Last summer, an American tech investor shared this wisdom on Twitter, adding that in her twenties she worked ninety ... Read more »

Bank of England chief economist warns inflation could top 5%

Huw Pill told the FT that he "would not be shocked" to see the cost of living climb "close to or above 5%" in the months ahead. Read more »

FlixMobility buys Greyhound and has to work hard with the iconic brand

Hollywood’s most famous buses come into German hands. FlixMobility, which runs the long-distance FlixBus in the Netherlands and elsewhere in Europe, and trains in Germany and Sweden, among others, is ... Read more »

S&P 500 ends at record as earnings extends stocks rally

Traders work on the floor of the New York Stock Exchange on Oct 21, 2021. NEW YORK (AFP) – The S&P 500 finished at a record on Thursday (Oct 21) ... Read more »

Workers fed up with nights, weekends seek flexible schedule

Balsam Hill Outlet sales associate Rickey Haynes, right, listens to manager Kelly Bratt during training in Allen, Texas. The company has struggled to find employees willing to work weekends. AP ... Read more »

What does a stronger US dollar-yuan exchange rate mean, and why is Beijing worried?

Why is the US dollar-yuan exchange rate so important? The exchange rate between the Chinese yuan and the US dollar is an indicator of relative economic strength and also has ... Read more »

Investor fears of stagflation risk turning into a self-fulfilling prophecy

Financial market commentators and investors love to pin tidy narratives to confusing shifts in the economy and asset prices. Stories matter hugely in markets, mainly because it is easier for ... Read more »

Pricier shipping containers and port delays haven't slowed Vita Coco's growth, co-CEO says

Vita Coco hasn't been able to fully stock grocery fridges with its coconut water for months, but co-founder and co-CEO Mike Kirban said that hasn't stopped the beverage company from ... Read more »

Energy crisis in Europe is a consequence of dysfunctional capitalism, Putin says

Vladimir Putin recalled the price of gas in Europe has already exceeded $1,000 per 1,000 cubic meters under the market regulation Read more »

Putin thanks Europe for sanctions, noting good effect of countermeasures for Russia

Vladimir Putin noted that Russia is increasing food supplies to the world market Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic