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Myntra rolls out COVID-19 relief measures for its 2,000 brand partners

Myntra rolls out COVID-19 relief measures for its 2,000 brand partners
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Flipkart stands up for sellers, takes THESE measures amid COVID-19

Highlights It has also extended the window for the Seller Protection Fund (SPF). Flipkart might introduce more measure to help its seller-partners. New Delhi: On Friday, Flipkart said that the company has introduced a slew of measures aimed at helping its sellers, which have been facing difficulties in shipping orders due to movement restrictions, thereby incurring losses.  The Walmart-owned company has waived various fees paid by sellers to help small and medium businesses thrive amid the second Covid-19 wave, which is proving to be way more drastic and deadlier than the first time.  Secondly, Flipkart isn’t going to charge storage fees to mitigate the impact that any seller may have on their inventory that is fulfilled through Flipkart s fulfilment centres, the e-commerce major said in a statement.

Flipkart to pay 100% premium towards Covid-19 insurance for all its sellers

Flipkart has extended various initiatives to hundreds of thousands of MSMEs (micro, small and medium enterprises), small-scale sellers, artisans, weavers and handicraft partners. They are helping them tide through challenges in the current scenario. These fresh efforts range from financial benefits, health and safety benefits. They support existing seller policies all the way through working capital and insights provided to sellers on the platform. “Through these testing times it is our constant effort to support our seller partners who face immense operational challenges as a result of the pandemic,” said Jagjeet Harode, senior director and head (marketplace), Flipkart. Under fee waivers, Flipkart has exempted the storage fees to curb the impact that any seller may have on their inventory that is fulfilled through Flipkart’s fulfilment centres. The company is also waiving off the cancellation fee till May 31, for orders that may have been cancelled due to lockdowns in va

Flipkart announces measures to help SMBs fight COVID-19 pandemic

Source: Highlights The company is also waiving the cancellation fee till May 31, 2021, for orders that may have been cancelled due to lockdowns in various states, it added. Besides, Flipkart will bear a 100 percent premium of COVID insurance extended to all sellers, which covers hospitalisation and consultation between Rs 50,000 to Rs 3 lakhs. Flipkart has also extended the window for the Seller Protection Fund (SPF) within which sellers have to claim SPF on returned products - from the regular 14 days to now 30 days. Walmart-owned Flipkart on Friday announced a slew of measures, including waiver of various fees paid by sellers, to help small and medium businesses amid the deadly second wave of the COVID-19 pandemic.

Flipkart introduces a slew of initiatives to support sellers

Flipkart introduces a slew of initiatives to support sellers May 08, 2021 Provides them financial, health and safety benefits E-commerce major Flipkart has extended various initiatives to lakhs of MSMEs, small scale sellers, artisans, weavers and handicraft partners to help them tide through challenges in the current scenario. These efforts range from financial benefits, health and safety benefits, support through existing seller policies to working capital and insights provided to sellers on the platform. Under fee waivers, Flipkart has exempted the storage fees, to curb the impact that any seller may have on their inventory, that is fulfilled through Flipkart’s fulfilment centres. The company is also waiving off the cancellation fee till May 31, 2021, for orders that may have been cancelled due to lockdowns in various states.

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