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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 for ...
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank's approval letter.
In April, Flipkart Internet, the marketplace arm of Flipkart, had received about Rs 3,250 crore from its Singapore-based parent entity. Earlier in May last year, Flipkart raised $350 million from ...
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.
Flipkart, in which U.S. retail behemoth Walmart holds a more than 80% stake, applied for the licence in 2022, according to the central bank’s approval letter.
Exclusive: Walmart’s Flipkart secures approval for direct lending in India, documents show. By Ashwin Manikandan. June 5, 2025 11:25 AM UTC Updated June 5, 2025 Flipkart logo is ...
(Reuters) -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 ...