The company will later offer these services beyond its platform, according to a report in a top Indian business daily.
It is also collaborating with insurance companies to jointly create micro-insurance products to align with a customer’s e-commerce journey, according to the company.
As over 60 per cent of Flipkart consumers now lack access to formal credit, this prevents large purchases by them on the platform, which, the company feels, hinders its growth. (DS)
Fibre2Fashion News Desk – India
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