Flipkart’s social commerce platform Shopsy has marked one year since its launch in India. Introduced in July 2021, many small business owners took sanctuary in Shopsy amidst the uncertainty brought by the pandemic, while it carved its thanks to social commerce in India.
Today as scores of Indians surf Shopsy to position orders, the platform celebrates its success with its myriad sellers and a growing customer base.
Shopsy made it easy for local entrepreneurs to come back on board and redefine the spirit of entrepreneurship pan-India. Today, Shopsy has over 2.5 lakh seller-base with 150 million products ranging across fashion, beauty, mobiles, home, and far more. Because it leverages the capabilities of Flipkart’s well-established network and technological capabilities, Shopsy ensures higher levels of reliability and reach in every small city and city it’s present in.
Boosted by strong growth in 2022, Shopsy has been growing at a gradual pace and over the last six months, it’s recorded a 2.7X increase within the units sold and a 4X spike within the monthly new customer base. With a commitment to democratizing e-commerce across India, nearly 70% of Shopsy’s customers today come from tier 2 and beyond cities.
Prakash Sikaria, Senior VP, Growth and Monetization, Flipkart, said, “Over a year ago, we envisioned a model to supply quality products to our customers in tier 2 and beyond cities by providing access to a good range, at affordable prices. We are delighted to share that our vision has seen commendable success over the past year while positively contributing to the entrepreneurial sector in India.
“It is heartwarming to work out the overwhelming response that Shopsy has garnered from its customers, and sellers alike which reflect within the steady growth we are seeing today. As we progress in our journey, we remain committed to enabling digital commerce for each individual in India thus, making shopping easily accessible and convenient for all,” Sikaria added.
Shopsy has been a robust force for countless sellers registered with manufacturers, artisans, and weavers from across the country additionally to several enterprising women, encouraging them to affix the platform and start their entrepreneurial journey seamlessly.
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