Flipkart Eyes Microdrama Entry Amid Diversification Push
On an experimentation spree, Walmart-owned Flipkart is now looking to enter the entertainment business with short-form scripted shows, microdramas. Sources…
Walmart-owned Flipkart is exploring the entertainment sector by venturing into microdramas, short-form scripted shows, according to sources. The e-commerce giant plans to collaborate with startups like Terribly Tiny Tales and Pratilipi, as well as its digital media arm, Pinkvilla, to produce exclusive microdramas for its platform.
Vivek Mohan Sharma, business head for youth, music, and English entertainment at JioStar, has been appointed as the CEO of Pinkvilla, replacing its founder Nandini Shenoy. The move is part of Flipkart's diversification strategy beyond its core ecommerce platform, aiming to create a broader consumer ecosystem around its 500 million registered users.
Flipkart is integrating the microdrama offering into its main app, featuring personalized sections such as "Today’s top pick for you," "Recommended Favourites," and "Flipkart user's pick." The company sees this as a way to increase user engagement and potentially connect content consumption with commerce, allowing users to make purchases directly within the app.
The microdrama market in India is projected to reach ₹650 crore by 2028, with competitors such as Kuku TV, Story TV, DashReels, and Quick TV vying for market share. Flipkart's diversification efforts extend beyond entertainment, including quick commerce with Flipkart Minutes and potential entries into food delivery, movie and live event ticketing, and even a separate vertical for the business ahead of a potential IPO.
The company is also facing internal challenges, as it experiences top deck churn, with two more vice presidents resigning amid an organizational restructuring.
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