It’s been less than six months since India ecommerce giant Flipkart made its way into digital music sales with the launch of Flyte in February, but already the fledgling service has racked up more than 600,000 cumulative downloads.
Sameer Nigam, who heads the digital business at Flipkart, told PluggdIn that the retail giant is also already seeing considerable revenues. The ecommerce site grossed a total of $1.8 million in sales during June, of which a promising one percent came from Flyte.
The digital music service is adding to its total downloads at a rate of 5,000 new song purchases per day. That’s a little slower than the early pace that it set in March when, just one month old, it was seeing 8,000 tracks downloaded, but Nigam is satisfied that the business has settled following its honeymoon period.
“The initial surge in numbers was a natural consequence of a first of its kind service hitting the market. This has now settled into about 5,000 downloads a day and is steadily improving,” he said.
Flyte — which remains part of Flipkart’s website — has doubled its catalogue, which now exceeds two million tracks, since February, and it is “actively working to expand our catalogue and add newer features to make the purchase process smoother and easier,” according to the executive.
Flyte is also said to be looking at improving search and discovery and integrating the Flipkart Wallet payment system, to allow regular customers to pay for music more easily.
Flipkart is India’s largest Web retailer and was founded by two former Amazon executives, brothers Sachin and Binny Bansal. Flyte has been billed as ‘India’s iTunes’, and its selection of local content will give it a strong advantage when competing the Web music establishment.
India’s Web retail market welcomed new competition earlier this year when global retail giant Amazon rolled out Junglee, its first local offering in India. The service remains in beta and is lacking a number of features — notably on-site payment options — but it looks set to develop and offer greater rivalry with Flipkart.
Apple recently introduced domestic support for iTunes Music Store in a number of new markets across Asia but India, China and Indonesia were notably absent.
Headline image via Flickr / Taylor Burnes