Flipkart Wholesale and Rupifi associate for providing Embedded BNPL to MSMEs
Rupifi and Flipkart Wholesale have introduced their partnership for providing Embedded Purchase Now, Pay Later providing to the MSMEs purchasing on Flipkart Wholesale. This partnership allows 1.5 Lakh Kiranas and MSMEs members on Flipkart Wholesale get on the spot and digital credit score, with versatile reimbursement phrases and clear pricing.
Adarsh Menon, Senior Vice President and Head – Flipkart Wholesale, stated “Flipkart wholesale is targeted on making certain that the advantages of digitisation trickle to the complete B2B retail ecosystem. Reiterating our deep-rooted dedication to bringing prosperity to kiranas and MSMEs, we’re elated to strengthen our credit score choices in partnership with Rupifi. Now we have at all times believed that monetary inclusion can solely occur if we offer credit score that’s fast, straightforward and inexpensive. With BNPL we are actually permitting retailers throughout the nation to unlock themselves from money constraints whereas buying provides and revel in easy one-click credit score entry.”
Ankit Singh, Co-founder of Rupifi, stated, “Flipkart Wholesale is altering the best way companies transact, just like the best way they modified the best way Indian shoppers transact and store on-line over the previous greater than a decade. Utilizing their expertise and logistics/provide chain experience, they’re bringing price efficiencies and comfort to the doorsteps of thousands and thousands of Indian MSMEs, throughout classes like Grocery, Normal Merchandise, Style, Electronics and Shopper Durables. We’re excited to associate with them and supply the MSMEs with a very digital, versatile and on the spot credit score expertise, localised to their necessities. Our BNPL product is obtainable to their MSME prospects in an Omni-Channel method, each In-App in addition to In-Retailer, with a ticket measurement as little as Rs. 5,000, for even the smallest retailer.”
To ease buyer onboarding on the platform, Flipkart Wholesale and Rupifi staff have designed a smooth multilingual software, serving to Retailers onboard in lower than a minute.
Rupifi, based in 2020, is India’s 1st Embedded Lending Fintech, offering its deep built-in Embedded BNPL to B2B Marketplaces, powering MSMEs with a purchase order credit score line with versatile reimbursement choices, usage-based curiosity and 0 charges. It really works with greater than a dozen prime B2B Marketplaces and is serving MSMEs in 200+ cities throughout the nation.