Flipkart launched the Shopsy app on Thursday which will offer enterprising Indians the opportunity to start their own online business with no upfront investment.
Shopsy will offer 15 crore of products in fashion, beauty, mobile, home and more for individual entrepreneurs.
With Shopsy, Flipkart aims to empower more than 25 million entrepreneurs online by 2023
âNow anyone, anywhere can start their online business without any investment. Additionally, we are opening up Flipkart’s years of e-commerce expertise to Indian entrepreneurs, âsaid Prakash Sikaria, Senior Vice President, Growth and Monetization, Flipkart.
“Entrepreneurs will now use Flipkart’s catalog, established delivery networks and infrastructure to deliver reliability and speed. These benefits will help them improve the end-consumer experience, which will help them grow their business,” a- he said in a statement.
Users can simply register on the Shopsy app using their phone numbers and start their entrepreneurial journey online.
These users can share catalogs with potential customers through popular social media and messaging apps, place orders on their behalf, and earn commissions on transactions.
The commission percentage will vary depending on the category of products ordered, Flipkart said.
âBudding entrepreneurs can now start a business as long as they have access to a network of people who trust them, without the hassle of investing, inventory or managing logistics,â the company said.