The platform has recorded a y-o-y growth of more than 7.5X app instals which is a testament to the increasing popularity of Shopsy. Notably, 40% of Flipkart’s new buyers today come from Shopsy.Īdarsh Menon, Senior Vice President & Head – New Businesses, Flipkart, said, “We are delighted to see the strong growth and love, that Shopsy has received from customers across the country especially in tier 2 and 3 cities. The platform extends its offerings across 1,000+ product verticals servicing a total of 14,300 pincodes in the majority of tier 2 and tier 3+ cities. In 2022 alone, Shopsy witnessed a 5X growth in its product catalogue with a 6X growth in transacting customers. Most of this growth and adoption has come from tier 2 and 3 markets, indicating how hypervalue e-commerce has made online shopping more attractive and accessible to consumers who are looking for affordable products. Today, the platform provides 150 million products spanning 800+ categories for customers across India. Since its launch in July 2021, Shopsy’s aim has been to make digital commerce accessible across India by enabling a wide-range of value product selection and a zero-commission marketplace. Shopsy has clocked more than 650% year-on-year growth according to Sensor Tower, a leading market intelligence and performance metrics evaluation platform. Shopsy, Bharat’s fastest growing hyper-value e-commerce platform, has emerged as the third most downloaded Android app in India in 2022.
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