financetom
Business
financetom
/
Business
/
Flipkart signs MoU with Bengal govt to support local artisans, weavers, handicraft makers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Flipkart signs MoU with Bengal govt to support local artisans, weavers, handicraft makers
Apr 25, 2022 11:56 AM

Flipkart on Monday announced that it has signed a memorandum of understanding with the West Bengal government to train and support local artisans, weavers and handicraft makers to leverage its e-commerce platform to scale up their businesses nationally. The agreement was signed with the state's micro, small and medium enterprises and textiles department.

Share Market Live

NSE

West Bengal's MSME department Principal Secretary Rajesh Pandey said, "We are focused on deepening our commitment towards MSMEs in the state and helping their growth. This partnership will enhance development of artisans, weavers, small businesses and MSMEs by providing access to opportunities that e-commerce enables." He also said these efforts will be instrumental in driving the commercial and social development in the state by creating inclusive growth.

Flipkart Group Chief Corporate Affairs Officer Rajneesh Kumar said, "it will be instrumental in driving the economic growth of weavers, artisans and small businesses with the e-commerce company's national market access. As a homegrown company, we are passionate about our sellers' growth, building an inclusive e-commerce ecosystem and constantly innovate to find new ways to uplift and empower all sections of society, especially MSMEs."

Under this partnership, it will provide time-bound incubation support and training benefits to underserved communities.

First Published:Apr 25, 2022 8:56 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FTX sues Binance and its former CEO for $1.8 billion
FTX sues Binance and its former CEO for $1.8 billion
Nov 11, 2024
LONDON (Reuters) - Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was fraudulently transferred by FTX management to Binance and its executives. The lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX, which it acquired in 2019 but then negotiated to sell back to FTX in July 2021....
Monday.com Lifts Outlook After Quarterly Beat, Flags 'Cautious' Customer Spending
Monday.com Lifts Outlook After Quarterly Beat, Flags 'Cautious' Customer Spending
Nov 11, 2024
11:40 AM EST, 11/11/2024 (MT Newswires) -- Monday.com's ( MNDY ) third-quarter results beat Wall Street's estimates, though the project management software provider's enterprise customer additions took a hit amid a choppy macro environment. Adjusted earnings came in at $0.85 a share for the September quarter, up from $0.64 the year before and ahead of the Capital IQ-polled consensus of...
Synopsys seeks EU antitrust approval for $35 bln Ansys buy
Synopsys seeks EU antitrust approval for $35 bln Ansys buy
Nov 11, 2024
BRUSSELS, Nov 11 (Reuters) - Synopsys ( SNPS ) on Monday sought European Union antitrust approval for its $35 billion cash-and-stock acquisition of engineering software maker Ansys ( ANSS ) , the chip design software company said. Synopsys ( SNPS ) announced the deal in January, the biggest in the technology sector since chipmaker Broadcom's ( AVGO ) $69 billion...
MARA Shares Rise on Data Center Capacity Expansion
MARA Shares Rise on Data Center Capacity Expansion
Nov 11, 2024
11:46 AM EST, 11/11/2024 (MT Newswires) -- MARA (MARA) shares climbed by more than 22% in recent trading on Monday after the company said it added about 372 megawatts of owned and operated compute capacity across three sites in Ohio. The expansion includes the addition of 222 megawatts with the acquisition of two data centers in Hannibal and Hopedale, Ohio,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved