Flipkart Internet sees revenue increase 42% year-on-year in FY23

Flipkart Internet sees revenue increase 42% year-on-year in FY23

E-commerce giant Flipkart’s marketplace arm Flipkart Internet saw its operating revenue increase by 42% year-on-year in the 2023 financial year to total Rs 14,845 crore compared to Rs 10,477 crore in the 2022 financial year. The business’ losses dropped by 9% year-on-year last fiscal to Rs 4,026 crore compared to Rs 4,419 crore in the …

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