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Tuesday, November 19, 2024

Flipkart’s Shopsy enters kids’ segment with summer collection launch

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Just days following the appointment of Prathyusha Agarwal as Shopsy‘s new CEO, Flipkart‘s social commerce arm has unveiled its summer collection for kids, signaling its entry into the children’s segment.

Continue Exploring: Flipkart’s budget-friendly e-commerce platform Shopsy appoints Prathyusha Agarwal as its new head

Through this endeavor, Shopsy will offer a range of clothing for toddlers and children aged between 0 and 12 years, in addition to toys, fashion accessories, and stationery items on its platform.

Shopsy’s popular children’s categories encompass learning toys, kids’ clothing, ethnic wear, soft toys, and school essentials. Moreover, standout items in the collection include combo sets of T-shirts and bottoms, educational toys, and various stationery products.

Expansion Plans and Market Demand

The company intends to broaden its range for children in the upcoming months, citing robust demand for its kids’ collection, particularly from tier II cities like Cuttack, Varanasi, Guwahati, and Muzaffarpur.

Kapil Thirani, Shopsy’s head, remarked, “The rising demand for children’s products across diverse categories in the Indian market positions it as a promising hub for this segment.”

Continue Exploring: Kidswear brand Includ raises $1.5M in seed funding led by Incubate Fund Asia

It’s worth mentioning that Walmart-backed Flipkart, introduced Shopsy in 2021 to compete with rivals like Meesho and Amazon Bazaar in the low average selling price categories, including apparel, small electronics, and kitchenware.

Although Shopsy initially operated as a social commerce platform, where users shared catalogs with potential customers through social platforms and earned commissions on sales, it has now shifted its focus from the reseller model to driving direct purchases from customers.

Its entry into the children’s segment coincides with a wave of startups launching products and services aimed at capitalizing on the rapidly expanding children’s market.

For instance, in January, actor Shilpa Shetty Kundra and fashion consultant Ashmika Sadh entered the children’s segment with the launch of Zip Zap Zoom.

Continue Exploring: Shilpa Shetty dives into kids fashion industry with Zip Zap Zoop, aiming to revolutionize the industry with sustainable practices and diverse offerings

In March, Vobble, a Bengaluru-based platform offering audio content for kids, secured a seed funding of $1 million from investors including Lumikai and Blume Founders Fund.

Last year, Hopscotch, a children’s fashion brand, secured a $20 million funding round led by Amazon.

SnackTeam
SnackTeamhttps://snackfax.com
SnackTeam is a specialised group of editorial staff motivated to improve the lives of individuals and society. The team intends to bring the most authentic, well-researched and dependable content for you and your loved ones every day.
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