Flipkart’s NBFC Licence, India’s Drone Tech Moment & More

Flipkart Adds NBFC Licence To Cart

Three years and countless compliances later, Flipkart has finally received an NBFC licence. The authorisation will enable the ecommerce juggernaut to offer loans directly to consumers and sellers on its platform, making it the first Indian online marketplace to do so. 

Flipkart’s NBFC Play: The licence will enable the company to cull its dependence on third-party players, unlock alternate revenue streams, raise funding from external sources, and enhance…