Aims for digital enablement as well as SME empowerment while also making businesses GST compliant!
New Delhi, March 7, 2017: With the SME sector reeling under the pressure of the recent slowdown in the market post-demonetisation, ShopClues, India’s first and largest managed marketplace has launched Saarthi – an empowerment initiative for the sector.
Saarthi comprises a bundled package that offers SMEs e-commerce enablement, digital empowerment training module, enhanced market access, financial assistance and ShopClues Reach – a hassle-free cashless payment gateway. ShopClues has also launched a business credit card, a first by any ecommerce player in the country, enabling merchants to spend in a cashless way and separate their business and personal expenses. The Saarthi package includes highly sought-after services such as cataloguing assistance, business analytics, building a personal microsite, training programs, and also increases the business visibility with over 2.5 crore registered customers on the platform. It also offers working capital loans with extremely attractive interest rates and repayment terms. The package also includes ShopClues Reach, a payment gateway that received massive traction during the demonetisation drive. The payment gateway enables shops and retail stores to accept online payments and allows them to bill their customers without the need of having an app downloaded.
At the announcement, Ganesh Balakrishnan, AVP – Merchant Ecosystem, said, “Since its inception, ShopClues has been tirelessly working towards bolstering the prospects for the SME sector. In line with our unwavering commitment, we are delighted to announce the launch of Saarthi – an innovation-driven SME empowerment programme. Saarthi, on one hand, will help the businesses to effortlessly migrate to the new taxation regime. On the other, it will offer curated services that will enhance the business prospects of retail stores and will pave the way for their seamless digital integration. We believe this initiative will receive a tremendous response from ShopClues’ existing seller base as well as other retailers across the country.”
To begin with, Shopclues will be launching Saarthi targeting the SME merchant base in 15 cities across India (Kanpur, Ludhiana, Jalandhar, Patna, Varanasi, Indore, Nagpur, Vishakhapatnam, Guntur, Rajkot, Kanchipuram, Guntur, Coimbatore, Tirupur and Madurai).
The services under the Saarthi SME package are further elaborated below:
E-commerce Enablement: Establishing a digital identity for business, cataloguing and a new revenue stream for SMEs.
Digital Empowerment Training Module: For digital readiness, taxation/regulatory compliance with sales and marketing excellence. Helping our SME base build their digital identity and multiple channels for sale.
Enhanced Market Access: Significantly increase catalogue visibility to a pan India customer base & go from local to Indi-global.
Financial Assistance: Capital Wings program for easy working capital loans from leading NBFCs.
ShopClues Reach: Enabling seamless migration to cashless payments, even for offline businesses.
Business Credit Card & Debit Card: For enabling business expenses of SMEs and to promote cashless transactions.
To make the initiative even more effective and increase its overall purview, ShopClues has tied up with multiple partners including NHDC, FICCI FLO, Central Cottage Industries Emporium, NIFT, NMDFC, and National Institute of Design. ShopClues will be organising trade fairs, road shows, and summits and camps, along with other activities to increase awareness and further strengthen the overall drive of the initiative. Shopclues is open to partnering with organisations who are aiming to reach out to the large SME merchant base in the country with their products and services.
ShopClues is India’s first and the largest managed marketplace with more than 100 million monthly visits on its website and was founded in July 2011. With 5cr listed products and over 5,00,000 merchants, ShopClues aims to provide the best online shopping experience to its customers – starting from the great selection, low price, ease of use, fast delivery, and ending with the best customer service you have ever experienced. ShopClues ships in over 30k pin codes across India and has thousands of online stores.
The company is run by co-founders Sanjay Sethi & Radhika Aggarwal and an energetic team of over 1000 people and is funded by leading institutional investors, is an Indian subsidiary of Clues Network Inc., a US Corporation and is based out of Gurgaon.