Flipkart expands benefits for sellers

New Delhi Walmart-owned Flipkart on Thursday said it has expanded benefits under its seller financing programme 'Flipkart Growth Capital' to support business continuity and growth for its seller partners. Flipkart has forged new partnerships with multiple lenders under the 'Working Capital' loans programme to increase the breadth of options and opportunities available to lakhs of these marketplace sellers, a statement said.

These partnerships have enabled the 'Growth Capital' programme to provide sellers with fresh credit options of up to five crore, it added. The 'Growth Capital' programme is designed specifically to enable financial inclusion and independence for micro, small and medium enterprises (MSMEs) who operate online.