CreditVidya and Flipkart Wholesale collaborate to offer ‘Buy Now Pay Later’ credit to merchants
Flipkart Wholesale will now have access to $100mn capital credit to support merchants on its B2B platform India, 2022: CreditVidya, India’s leading lending-as-a-service platform, and Flipkart Wholesale, the digital B2B marketplace of India’s home-grown Flipkart Group, have joined hands to offer an ‘Embedded Buy Now, Pay Later’ credit solution to Flipkart Wholesale’s 1.5 lac merchants. With the CreditVidya integration, the marketplace will now have access to $100 million in capital through multiple financial institutions to address the credit needs of its merchants. Speaking on the partnership, Abhishek Agarwal , Co-Founder and CEO, CreditVidya, said, “We are absolutely elated to launch a B2B BNPL solution in association with Flipkart Wholesale. Our shared vision of leveraging technology for good will empower and uplift Indian MSMEs by bringing in cost and operational efficiencies. At the helm of this collaboration, it is our endeavour to democratize access to credit by playing