Amazon India claims to double its seller base. The company has released a statement, having two lakh sellers on its platform in just four years of operations in India.
The online retailer had started its India operation in mid of 2013. Amazon which has been working extensively to launch services that meet different business requirements of sellers helps the business scale greater heights.
The company had reportedly touched the 1 lakh sellers’ mark on its platform in July 2016. It has witnessed a 160% Y-o-Y growth in its seller base in the country, which was announced in January 2017.
Commenting on this significant milestone, Gopal Pillai, Director and GM Seller Services, Amazon India said, “We are very excited and humbled to reach the important milestone of two lakh sellers on the Amazon India marketplace in just four years of our operations in India. We have been laser focused in ambitious vision of transforming the way India sells, and evolving a conducive environment for anyone with an intent to sell to do so locally, nationally, and globally.”
Amazon has till now introduced Indian sellers to the globally successful offerings for sellers like Fulfillment by Amazon. Right from introducing low-cost fulfillment channels through innovations like Easy Ship and Seller Flex to customizing existing ecosystems to introduce SPN and ATES to build online capabilities of the new digital entrepreneurs to undertaking relevant awareness programs like Chai Cart and Tatkal, Amazon has constantly worked towards helping sellers chart their growth.
Earlier, Amazon had launched a Special Lending Program for sellers last year that enables them to easily access secured and unsecured loans between five lakh rupees to two crores from their partners Capital First and YES Bank. Its Global Selling Program launched in India in May 2015 has over 20,000 sellers today selling their ‘Made in India’ products on Amazon’s ten global marketplaces to millions of active worldwide customers.