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Flipkart to invest $20 Mn in new in-house credit marketplace startup

Shortpedia

Content Team
Image Credit: inc42

Just two months after entering the personal loan arena in collaboration with Axis Bank, ecommerce giant Flipkart is earmarking around $15 Mn – $20 Mn for an in-house credit marketplace. The project is being spearheaded by senior VP Prakash Sikaria, who also leads Flipkart’s social commerce platform Shopsy.