MUMBAI: InCred has entered into a strategic partnership with Amazon India to provide collateral-free, working capital loans of up to Rs 50 lakh to Amazon merchants via its seller portal.
Owing to the ongoing pandemic, more consumers have made a shift to online shopping, leading to a surge in e-commerce. However, this development is adding to the pressure of e-tailers as they are not able to match the supply with demand on ground.
The InCred and Amazon India partnership aims to resolve this challenge by addressing the financial constraints of the Indian e-tailers. Both intend to empower them by extending quick, …
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