Skip to main content

UPDATE

June 30, 2023

Shopsy grows 5X times in 2022 with 6X jump in transacting customers

In 2022 alone, Shopsy witnessed a 5X growth on the platform with a 6X growth in transacting customers. Shopsy has now become a one-stop shopping destination for consumers who are looking for value products and 40% of Flipkart’s new customers today come from Shopsy.

Article Short description

In 2022 alone, Shopsy witnessed a 5X growth on the platform with a 6X growth in transacting customers.

more description

The app currently services a total of 14,300 pincodes in the majority of Tier 2 and Tier 3+ cities. Among the extensive selection offered on the platform, sarees emerged as the most popular category among consumers even in metros like New Delhi, Bangalore, Chennai and Hyderabad. Men's T-shirts and other men’s fashion categories such as Men Jackets, Men Shoes, FashionJewellery registered a strong demand with more than 7.5X growth in 2022.

Shopsy crossed over 100 million users in September 2022 - ahead of its prediction to achieve the same by early 2023. Today, over 68% of Shopsy’s customers come from Tier 2+ regions in the country, with 40% being first-time e-commerce shoppers.

Recently, Shopsy won the Google Play Best of Users’ Choice Award for being the most downloaded and loved app by users across India.

Share Article

Latest Top 10 Performing Funds


Scheme Name NAV on Holdings Returns (%) Fund Manager Rating
Tata Nifty Pvt Bank ETF 112.1161 ₹ 953.7591472 Cr 24.1384707538614% Sailesh Jain 1
ICICI Pru Technology Fund(G) 53.41 ₹ 35414.76052571 Cr 23.1765904789635% Sankaran Naren , Vaibhav Dusad , Priyanka Khandelwal 2
Edelweiss ETF - Nifty Bank 2047.9931 ₹ 72.31 Cr 22.3638817077987% Bhavesh Jain , Hardik Verma 3
SBI-ETF Nifty Bank 202.4212 ₹ 242503.74 Cr 22.2708812094408% Raviprakash Sharma 3
Kotak Banking ETF 205.2306 ₹ 379580.55 Cr 22.2131952311096% Devender Singhal , Satish Dondapati 3
Motilal Oswal Nifty Bank Index Fund-Reg(G) 7.3638 ₹ 4036.5684866 Cr 22.0669674905138% Swapnil P Mayekar 2
Tata Digital India Fund-Reg(G) 13.9041 ₹ 34333.78900578 Cr 19.4938524951637% Meeta Shetty , Rahul Singh 2
Aditya Birla SL Digital India Fund(G) 51.49 ₹ 38115.86 Cr 19.046875% Kunal Sangoi 5
Kotak Small Cap Fund(G) 61.52 ₹ 124241.39 Cr 18.6944214108026% Pankaj Tibrewal 2
Quant Small Cap Fund(G) 38.9382 ₹ 176.1202212 Cr 17.7394878340161% Ankit Pande , Vasav Sahgal , Sanjeev Sharma 1

Scheme Name NAV on Holdings Returns (%) Fund Manager Rating

Scheme Name NAV on Holdings Returns (%) Fund Manager Rating