Shopsy drives Flipkart growth

 

Shopsy brings in over 40% of new customers to Indian e-commerce giant Flipkart.  Walmart owns a 77% share in Flipkart after increasing its holdings during a $1.2B financing round in 2020. Flipkart subsidiary Shopsy is an e-commerce platform that focuses on value. Shopsy tripled the number of sellers, units, and customers on its platform over the last year. Shopsy's app surpassed 175 million downloads in March 2023. 90% of the new customers that join Shopsy are under 35 years of age