Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to provide loans directly to its customers and sellers.

Ares European Direct Lending CLO 1 is a diversified CLO comprised entirely of directly originated and actively managed loans issued by over 50 middle-market companies based in the United Kingdom ...

This marks a major shift in India’s digital lending landscape, as Flipkart will now be able to offer loans directly to its customers—a first for an Indian online marketplace.

Flipkart’s last known valuation stood at $37 billion in 2024, following a funding round led by Walmart. The NBFC licence gives Flipkart direct access to lending activities, placing it deeper into the ...

Walmart's Flipkart secures approval for direct lending in India, documents show Flipkart, owned by Walmart, has secured a non-bank finance company (NBFC) licence from the Reserve Bank of India ...

Flipkart’s move into direct lending is anticipated to enhance its profitability while improving financial services for its extensive user base. The company plans to integrate lending solutions into ...

A lending licence will enable Flipkart - India’s largest e-commerce firm - to lend directly, a more lucrative model for the group.

Flipkart just scored a major financial industry first. The Reserve Bank of India (RBI) granted the e-commerce leader a Non-Banking Financial Company (NBFC) license. Now, Flipkart has become India’s ...

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. The nod came in March this year, according to sources.

Flipkart has obtained a Non-Banking Financial Company (NBFC) licence from the Reserve Bank of India, potentially enabling it to offer direct loans to customers. The move aligns with Flipkart's ...

Flipkart secures RBI's NBFC licence, allowing it to offer loans directly to customers and sellers. This move marks a major shift in India's e-commerce and fintech landscape.

Flipkart becomes the first Indian e-commerce firm to get RBI’s NBFC licence, enabling it to offer direct lending services to customers and sellers, boosting its fintech presence.