Flipkart has launched Shopsy, an app that will enable Indians to start their online businesses without any investment. Flipkart aims to enable over 25 million online entrepreneurs by 2023 with the help of Shopsy. Users of Shopsy will be able to share catalogues of a wide selection of 15 crore products offered by Flipkart sellers.
These users can share catalogues with potential customers via popular social media and messaging apps, place orders on their behalf and earn commissions on the transactions. These range across fashion, beauty, mobiles, electronics and home, with potential customers via popular social media and messaging apps. Shopsy’s objective is to power e-commerce for communities and third-party channels where these users spend time/trust.
Important takeaways for all competitive exams:
- Flipkart headquarters: Bengaluru, Karnataka.
- Flipkart CEO: Kalyan Krishnamurthy.