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Walmart Vriddhi to help MSMEs access medical support to navigate Covid
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Walmart helps MSMEs get medical support to navigate Covid-19
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Walmart Expands COVID-19 Support Efforts For MSMEs
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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 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