Flipkart to have over 4.2 lakh sellers and MSMEs by December'21
17th September 2021, Mumbai:
Walmart-owned Flipkart is on track to have over 4.2 lakh sellers and MSMEs (micro, small and medium enterprises) by the end of this year. The e-commerce seller has onboarded around 75,000 sellers on its platform in the past few months, Currently, it supports digital commerce for 3.75 lakh sellers and is steadily working towards taking this number to 4.2 lakh sellers on its platform by the year-end.
Since the pandemic, the Flipkart marketplace has seen an encouraging response from MSMEs who want to take their business online with e-commerce.
The new sellers and MSME base predominantly come from Tier-II and -III markets such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and many others. The Flipkart marketplace platform has also witnessed the rise in categories such as general merchandise, home and kitchen, and personal care
Flipkart's continuously strives to ensure that every small business, MSME, women-entrepreneur, artisan, weaver or handicraft marker is an active participant in the upcoming festive season, says Rajneesh Kumar, Chief Corporate Affairs Officer.
Its partnership with Kiranans is also growing rapidly as part of the company's last-mile delivery program, he adds.
To support the business continuity and growth of these sellers during the festive season, Flipkart has enabled a next-day payment programthat allows sellers to receive their order payments within a day. It also offers sellers customised offerings from lenders based on projected growth.
