Walmart-owned Flipkart has released operations of its business-to-business (B2B) market for kiranas and small dealers – Flipkart Wholesale. The release comes over a month after Flipkart had introduced the brand new market whilst notifying the purchase of Walmart India’s wholesale enterprise that operates 28 Best Price cash and deliver wholesale shops presenting almost five,000 items.
Flipkart Wholesale is “now serving Delhi, Gurugram and Bengaluru,” the website read. While Flipkart had stated that it’s going to start with the pilot service for the grocery and fashion categories, the market has began out with fashion as of now consisting of men’s wear, women’s ethnic and western wear and kids’ wear.
“Bulk buying now made easier with Flipkart Wholesale! Get the great margins on a extensive variety of great products. Order now!,” read the Twitter account of Flipkart Wholesale.
The app is currently to be had for Android customers only to get merchandise delivered at their shops. Eligible dealers and kiranas can also get up to fifteen days of credit score to stock up shop with merchandise through Flipkart Wholesale’s Easy Credit benefit.
“Our easy-to-use credit score system additionally enables you to track your stability and dues efficiently. Check your eligibility with zero paperwork and begin stocking your shop in no time,” the website stated.
While the brand new marketplace will benefit from Flipkart’s current technology competencies and deliver chain infrastructure, it might additionally leverage Walmart’s wholesale arm, which turned into servicing over 1.5 million kiranas, horecas, and different MSMEs, to benefit dealers on its B2B marketplace.
“The acquisition of Walmart India adds a strong talent pool with deep expertise in the wholesale business that will strengthen our position to address the needs of kiranas and MSMEs uniquely,” Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group had stated last month.
Apart from Amazon, Flipkart presently competes with BigBasket, Grofers, and most currently JioMart withinside the hyper-competitive virtual grocery market in India. While it is a dominant participant withinside the fashion vertical thru the in-house Myntra market, it hasn’t been capable of see as much fulfillment with its online grocery enterprise Supermart.
JioMart, on the alternative hand, has been capable of scale to four lakh orders a day, Reliance had stated saying its Q1 outcomes last month. Mukesh Ambani’s e-commerce bet will similarly increase from grocery to different categories consisting of electronics, fashion, pharmaceutical, and healthcare ahead.