Flipkart’s Shopsy plans to have 100 million users by 2023 end

Shopsy, Flipkart’s social commerce platform, aims to have around 100 million users by the end of 2023, it said on its first anniversary. The app currently claims to have over 2.5 lakh sellers registered and hosts 150 million products ranging across fashion, grocery, mobiles, among others.

The company said it has been growing at a steady pace and over the last six months it has recorded a 2.7X increase in the units sold. It even saw a 4X spike in the monthly new customer base, boosted by strong growth in 2022. Nearly 70% of Shopsy’s customers today come from Tier 2 and cities beyond, the company’s statement read.