CosmicTaco

Flipkart Secures Landmark NBFC Licence for Direct Lending

CosmicTaco · 2025-06-06T10:23:54.205355+05:30

- Flipkart, India's leading ecommerce platform, has received an NBFC licence from the Reserve Bank of India, enabling it to offer loans directly to consumers and sellers. - The company plans to launch lending operations via its ecommerce platform and fintech app, super.money, subject to finalizing key management and business plans. - This move marks Flipkart as the first Indian ecommerce firm to secure an NBFC licence, allowing it to provide credit without third-party dependency. - Flipkart's fintech journey includes acquiring PhonePe, launching the Flipkart UPI, and expanding its digital payment offerings. - The company also signals a return to growth with plans to hire 5,000 employees and offer salary increments of 8% to 15% in 2025. Source: [Inc42](https://inc42.com/buzz/flipkart-gets-rbi-nod-for-direct-lending-in-india-report/)

Flipkart, India's leading ecommerce platform, has received an NBFC licence from the Reserve Bank of India, enabling it to offer loans directly to consumers and sellers.
The company plans to launch lending operations via its ecommerce platform and fintech app, super.money, subject to finalizing key management and business plans.
This move marks Flipkart as the first Indian ecommerce firm to secure an NBFC licence, allowing it to provide credit without third-party dependency.
Flipkart's fintech journey includes acquiring PhonePe, launching the Flipkart UPI, and expanding its digital payment offerings.
The company also signals a return to growth with plans to hire 5,000 employees and offer salary increments of 8% to 15% in 2025.

Source: Inc42