How to Sell on Flipkart
Updated: Aug 20, 2021
E-commerce is booming in India – thanks to shopping portals like Flipkart, SnapDeal and Amazon, which has revolutionized the online shopping experience for Indian consumers. Innovative models like cash on delivery and same-day delivery backed by low prices have spurred more customers to purchase online, making Flipkart – India’s largest electronic commerce store. Flipkart sold merchandise worth more than USD 1 billion during the financial year 2013-14 and has a customer base of over 2.6 crores registered users. Flipkart currently ships over 50 lakhs shipments each month and generates over 80 lakh daily page visits. Therefore, there is a tremendous business opportunity for those who sell on Flipkart by becoming a Flipkart seller.
How to become a Flipkart Seller
To sell on Flipkart, a person or business must become a Flipkart Seller by signing on with Flipkart. The process for signing on as a Flipkart Seller is easy and can be started from the Flipkart Seller homepage. A person or business can signup as a Flipkart seller by providing information about the business and the products the seller proposes to sell through Flipkart. Some of the details that must be provided and verified during the Flipkart Seller registration process include:
Name
Email address
Phone number
Pickup address/business address
Categories of product the business is interested in selling through Flipkart
Business registration documents
Tax registration documents
Business Registration
In addition to the basic information about the seller, the following business-related information and documents must be submitted to Flipkart during the Flipkart seller registration process. Some of the documents to be submitted will vary depending on the type of business registration, as follows:
Selling on Flipkart as an Individual or Sole Proprietorship
If an individual decides to sell on Flipkart on his/her own name and legal standing. The business will automatically be perceived to be a Sole Proprietorship business. A sole proprietorship business does not offer limited liability protection to the promoter, is not easily transferable, cannot have investors or partners, not very scalable and has limited capacity to obtain bank loans. Therefore, it is best to avoid becoming a seller on Flipkart using a sole proprietorship entity. In case a sole proprietorship is chosen, the following documents may have to be submitted:
Identity Proof
Signed declaration on the business letterhead, stating that the individual owns and manages the bank account held in the name of the business.
Statement of bank accounting registered on Flipkart payment gateway.
Passport
PAN Card
Voters ID
Driving License
Any other photo identity card
Letter from a recognized Public Authority or Public Servant verifying identity.
Address Proof
Telephone bill (Fixed line) in the name of the Proprietorship firm
Electricity bill in the name of the Proprietorship firm
Bank Account Statement in the name of the Proprietorship
Letter from Employer
Ration card
Lease or license agreement
Letter from a recognized Public Authority or Public Servant verifying identity.
Selling on Flipkart as a Private Limited Company
Becoming a Flipkart Seller – as a Private Limited Company is one of the most preferred methods of becoming a Flipkart Seller as it provides limited liability protection to promoters, separate legal entity, easy transferability, ability to take on investors or partners and quickly scale-up operations. The following documents must be submitted for a Private Limited Company:
Identity Proof
Copy of Certificate of Incorporation of Private Limited Company
Copy of Memorandum of Association
Company PAN Card
Address Proof
Company Telephone bill (Fixed line)
Company Electricity bill
Lease or rental agreement
Selling on Flipkart as an LLP / Partnership Firm
A Flipkart seller can also be a Partnership Firm. However, it is preferable to register an LLP (Limited Liability Partnership) while signing on as a Flipkart seller as it provides limited liability protection, easy transferability, separate legal entity and other documents required to become a Flipkart seller quickly.
Identity Proof
Partnership registration or LLP Incorporation Certificate
Partnership deed
Power of Attorney granted to a Partner or an Employee of the LLP or Partnership firm to transact business on its behalf
Any document identifying Partners and the person holding the Power of Attorney with their photographs
PAN Card of the LLP or Partnership Firm
Address Proof
Any officially valid document confirming the address of the Partners and the persons holding the Power of Attorney
Firm/Partner’s Telephone bill
Firm/Partner’s Electricity bill
Lease or Rental agreement
Company Electricity bill
Lease or License agreement
Selling on Flipkart as a Trust & Foundation
Trusts and Foundations can also become sellers on Flipkart. Documents similar to the above documents must be provided in the name of the Trust or Foundation to establish the legal identity of the Trust / Foundation and the address of the Trust / Foundation.