Flipkart Looking For Video Partners to Challenge Amazon Prime

Flipkart and Amazon are the two dominant forces in the Indian east-commerce manufacture, but Amazon'south diverse portfolio of services, especially the Prime Video platform, gives Amazon a slight edge over Flipkart. Flipkart is now planning to invest in videos in order to challenge Amazon on yet another front afterwards e-commerce.

In an interview with the EconomicTimes, Flipkart CEO Kalyan Krishnamurthy revealed that the company volition launch a video platform and collaborate with other companies to produce video content such equally movies.

"At a high level, I can say nosotros will launch video. The company has focused on quality products made affordable across private label and fintech solutions. At the core… the focus will not alter from that. So will we get into producing and directing movies on our ain? The answer is no. We will partner", Krishnamurthy said

Flipkart's video offering could be offered as a perk for the Flipkart Plus loyalty program, which is similar to what Amazon does with its umbrella Amazon Prime number subscription program.

In another interaction with Mint, the Flipkart chief hinted that the company might partner with a video content company to produce the video content and plans to offer them as function of the Flipkart Plus bundle. "It's a very unique loyalty programme and the uniqueness of the loyalty programme hasn't fully played out yet. If the Indian client wants content every bit part of that, and so nosotros will offer content to the Indian customer as role of the loyalty programme", Krishnamurthy was quoted as maxim.

Notwithstanding, he did not rule out the possibility that Flipkart might also build a video content platform on its ain from scratch. Hotstar might be the prime target for Flipkart when it comes to implementing the company's partnership-based video content strategy. Flipkart was reportedly looking to buy a stake in Hotstar and launched the 'Shopper Audience Network' in collaboration with Hotstar to serve shopping ads to viewers.

Details nigh Flipkart's plans for offering video content are deficient right now, but information technology is certain that Flipkart is gearing up to challenge Amazon when it comes to India's booming video streaming market place.