OnMobile Global shares surged over 6% after the company announced a strategic wholesale supply agreement with Flipkart, marking a major push into India’s rapidly expanding gaming market.
The agreement will enable OnMobile Global Limited to supply and distribute its upcoming gaming hardware along with an integrated digital services ecosystem through Flipkart’s platform. This collaboration positions the company to tap into one of India’s largest e-commerce ecosystems, significantly enhancing product visibility and accessibility among consumers.
The partnership is expected to play a key role in strengthening OnMobile’s presence in the competitive gaming hardware segment. With gaming demand accelerating across India, the company aims to leverage Flipkart’s vast customer base and robust logistics network to scale distribution efficiently and reach a wider audience.
The agreement is domestic in nature and will remain valid for a period of three years. Financial terms will be determined through individual purchase orders, allowing flexibility based on evolving demand. The company also confirmed that the transaction is not a related-party deal and will be executed at arm’s length.
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