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    Infosys Q4 Results: Net Profit Jumps 21% YoY to Rs 8,501 Crore; Rs 25 Dividend Announced

    Infosys Q4 Results: Net Profit Jumps 21% YoY to Rs 8,501 Crore; Rs 25 Dividend Announced

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    Jio Financial Services, Allianz to Set Up 50:50 Insurance JV to Expand Coverage in India

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    France Ends Airport Transit Visa Requirement for Indian Nationals at French Airports

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    Union Bank Q4 Results: PAT Rises 6.7% to Rs 5,316 Cr; NII Slips 1.13%, Announces Rs 5 Dividend

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    Pay Point India Becomes First Fintech to Access RBI’s Centralised Payment System Directly

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    LTTS Q4 FY26 Net Profit Rises 23.6% YoY to Rs 347 Crore; Revenue Up 14%, Declares Rs 40 Dividend

    SBI Life Q4 FY26 Earnings: Profit Dips 1.1% YoY to Rs 804.6 Cr, Premium Income Rises 16%

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    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

    Stock Market Today: Sensex Crashes 852 Points, Nifty Slides 205; Rupee Hits 94.11 on Global Tensions

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    Gold Drops on Inflation Fears as Oil Surges, US-Iran Tensions

    Trent Q4 Results FY26: Net Profit Jumps 33% to Rs 413 Crore; 1:2 Bonus Shares, Rs 6 Dividend

    Trent Q4 Results FY26: Net Profit Jumps 33% to Rs 413 Crore; 1:2 Bonus Shares, Rs 6 Dividend

    Stock Market Today: Sensex Falls 831 Points, Nifty Dips as IT Stocks Crash Nearly 4%, Banks Drag

    Stock Market Today: Sensex Falls 831 Points, Nifty Dips as IT Stocks Crash Nearly 4%, Banks Drag

    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

    Rupee Falls 32 Paise to 93.48 Against USD on Strong Dollar Demand, Market Pressure

    Rupee Falls 32 Paise to 93.48 Against USD on Strong Dollar Demand, Market Pressure

    Gold Price Today in India: 24K, 22K, 18K, 999 Silver Rates Across Cities; US–Iran Talks Drive Market Risk

    Gold Price Today in India: 24K, 22K, 18K, 999 Silver Rates Across Cities; US–Iran Talks Drive Market Risk

    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

    Nestle Q4 Results FY26: Net Profit Rises 27% to Rs 1,111 Crore, Announces Dividend Rs 5/share

    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

    RBI Eases Rupee Trading Curbs Withdraws Offshore Derivative Rules to Support Rupee Stability

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Home Industry Technology

Flipkart to onboard 1.2 lakh new sellers, MSMEs by December

By: APAC Media

New entrants can potentially create over 4 lakh jobs

by APAC Media
September 17, 2021
in Technology
Reading Time: 1 min read
flipkart-eco-1625657928155

flipkart-eco-1625657928155

Summarize with:

Flipkart said it would onboard 1.2 lakh new sellers and medium, small and micro enterprises on its platform by December this year and these new entrants would potentially create over 4 lakh direct and indirect jobs in the country.

With the new addition, the e-tailor would have over 4.2 lakh sellers and MSMEs by end of 2021, up from 3.75 lakh currently.

Most of these new sellers and MSMEs would come from Tier 2 and Tier 3 markets including Agra, Indore, Jaipur, Panipat, Rajkot and Surat, said the company in a statement on Thursday.

Flipkart has already onboarded around 75,000 sellers on its platform over the last few months ahead of the festive season, it said.

Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, said, “This festive season, MSMEs and seller ecosystems across the country have come forth even more resilient and rejuvenated to offer a wide selection of products on our platform. Every small business, MSME, women-entrepreneur, artisan, weaver or handicraft marker is an active participant in the upcoming festive season. Our partnership with Kiranas is also growing rapidly as part of our last-mile delivery programme.”

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Tags: FlipkartMSMEs
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