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    Flipkart: Deal Report

    Uploaded by

    akashtamhane1212
    Flipkart is an Indian e-commerce company that owes 1,65,37,828 for goods and services provided on January 21, 2023. The approved amount is 1,57,26,454.97 with a repayment term of 95 days. Flipkart has worked with the vendor platform Falcon for a year, making 148 on-time repayments and many invoices paid early. Falcon has verified the invoice and amount with Flipkart and payment is held in escrow.

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    © All Rights Reserved
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    Flipkart: Deal Report

    Uploaded by

    akashtamhane1212
    35 views2 pages
    Flipkart is an Indian e-commerce company that owes 1,65,37,828 for goods and services provided on January 21, 2023. The approved amount is 1,57,26,454.97 with a repayment term of 95 days. Flipkart has worked with the vendor platform Falcon for a year, making 148 on-time repayments and many invoices paid early. Falcon has verified the invoice and amount with Flipkart and payment is held in escrow.

    Original Description:

    Flipcart franchise

    Original Title

    cdf1fc0452b79e94e2efa4e4f590191f_20230327102708_86

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    Flipkart is an Indian e-commerce company that owes 1,65,37,828 for goods and services provided on January 21, 2023. The approved amount is 1,57,26,454.97 with a repayment term of 95 days. Flipkart has worked with the vendor platform Falcon for a year, making 148 on-time repayments and many invoices paid early. Falcon has verified the invoice and amount with Flipkart and payment is held in escrow.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views2 pages

    Flipkart: Deal Report

    Uploaded by

    akashtamhane1212
    Flipkart is an Indian e-commerce company that owes 1,65,37,828 for goods and services provided on January 21, 2023. The approved amount is 1,57,26,454.97 with a repayment term of 95 days. Flipkart has worked with the vendor platform Falcon for a year, making 148 on-time repayments and many invoices paid early. Falcon has verified the invoice and amount with Flipkart and payment is held in escrow.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    DEAL REPORT

    ENTERPRISE: FLIPKART
    * Payables : Bill of exchange Model, funded and recourse on enterprise Country.
    * Enterprise : Entity due to pay the vendor for services rendered.

    BILLING DETAILS: Date: 27/03/2023

    FLIPKART

    1 Invoice Date 21/2/2023

    2 Invoice Type PAYABLES

    3 Invoices 1

    4 Tenure 95 DAYS

    5 Invoice Amount 1,65,37,828

    6 Margin N.A

    7 Approved Amount 1,57,26,454.97

    Description:
    Flipkart is an Indian e-commerce company based in Bangalore, Karnataka, India. It was founded by Sachin Bansaland Binny
    Bansal in 2007. The company initially focused on book sales, before expanding into other product categories such as consumer
    electronics, fashion, home essentials & groceries, and lifestyle products.

    The service competes primarily with Amazon's Indian subsidiary, and the domestic rival Snapdeal. As of March 2017,
    Flipkart. h e l d a 39.5% market share of India's e-commerce industry. F l i p k a r t is significantly dominant in the sale of
    apparel (a position that was bolstered by its acquisition of Myntra), and was described as being "neckand neck" with
    Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the
    Unified Payments Interface (UPI).

    Financial Overview:
    Flipkart Private Limited reported revenue amounting to approximately 436 billion Indian rupees in financial year
    2019.Additionally, the e-commerce player had a drop of 63 percent in losses compared to the previous year.
    Flipkart is one of India's largest online retailers along with Amazon India. In 2018, American retail giant Walmartacquired the
    home-grown retailer for 16 billion U.S. dollars became a 77 percent-stakeholder.

    Call +91 1800123954 | www.falconsgrup.com


    History with Falcon: -
    Vendor is active on the falcon platform since 1 year and has seen 148 repayments till date, 100 % of which were within
    acceptable timeline and many invoices before due dates.

    Falcon Checklist

    Invoices Verified by Signed MOU Payment in Escrow


    Checklist Falcon with vendor Account

    Current Overdue: Nil.

    Risk Mitigation: -
    No any bad debts till date.
    Invoice authenticity & amount: Confirmed by enterprises.

    DEAL REPAYMENT SCHEDULE OF ENTERPRISE ACROSS PLATFORM (ALL VENDORS)


    I am completely aware and acknowledge of the following risks:
    There can be delay in collection of money pertaining to the invoice amount, which is outside the control
    ofFalcon at any time.

    Delay in Repayments
    Enterprises Total Repaid Early
    Deals Repayment 1-5 Days 6-10 Days

    Flipkart 148 147 01 0

    Total 148 147 01 0

    Call +9118001239514 | www.falconsgrup.com

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