Ease of Doing Business for MSMEs: Walmart-owned Flipkart on Tuesday announced its flagship annual sales occasion The Big Billion Days from October 7 to 12, 2021 to offer you items and things from more than 1 lakh kiranas and all round more than 3,75,000 sellers from across India. Flipkart stated by way of partnerships with lending partners and fintech institutions, its digital B2B marketplace Flipkart Wholesale aims to provide a number of credit offerings to more than 1.5 million kiranas and SMEs to enable them handle their working capital specifications and access items in style, grocery and common merchandise, and electronics from the wholesale marketplace. Moreover, lakhs of sellers, artisans, weavers, and handicraft makers from Flipkart Samarth will also launch items, the corporation added.
“Flipkart’s commitment to providing value to consumers, opportunities for growth for MSMEs, sellers and our lakhs of Kirana partners, and employment generation through e-commerce, goes to show how the country has embraced e-commerce over the past year and a half and The Big Billion Days is our way of giving back to the community and enthuse the festive spirit across the nation,” Kalyan Krishnamurthy, CEO – Flipkart Group, Flipkart stated in a statement.
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The corporation is at the moment adding new sellers from Tier-II and III cities to have 4.2 lakh sellers on its platform by December 2021. It has currently onboarded 75,000 new MSME and compact company sellers on its platform more than the last couple of months from cities such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and so on. In terms of credit, kiranas can get access to credit of up to 5 lakhs with an interest-absolutely free period of up to 30 days. Kiranas will also have the selection of versatile repayments by way of money and on-line transfers as nicely as immediate refunds in case of order cancellation. During the sale period, kiranas and retailers will have access to Easy EMI to make purchases inexpensive with incentives on transactions to additional reduced the interest on their EMI.
Moreover, the sale will have presents “each hour, brought by lakhs of sellers and thousands of brands across categories. In order to strengthen the delivery network, Flipkart by way of its ‘Kirana Delivery Program’ has helped onboard neighborhood common trade retailers as delivery partners. This year, more than 1 lakh kiranas have been partnered along with assisting them with information, experience, practical experience, and technologies to make millions of deliveries in a secure and timely manner, Flipkart stated. In a 1st, non-Flipkart Plus clients will also be capable to get early access to the sale by redeeming 50 earned SuperCoins on the Flipkart app.