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Three years and countless compliances later, Flipkart
has finally received an NBFC licence. The authorisation will enable the ecommerce juggernaut to offer loans directly to consumers and sellers on its platform, making it the first Indian online marketplace to do so.
Flipkart’s NBFC Play: The licence will enable the company to cull its dependence on third-party players, unlock alternate revenue streams, raise funding from external sources, and enhance…
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Three years and countless compliances later, Flipkart has finally received an NBFC licence. The authorisation will enable the ecommerce juggernaut to offer loans directly to consumers and sellers on its platform, making it the first Indian online marketplace to do so.
Flipkart’s NBFC Play: The licence will enable the company to cull its dependence on third-party players, unlock alternate revenue streams, raise funding from external sources, and enhance…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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