Amazon India Launches Seller Lending Network

Amazon India announced the launch of its Seller Lending Network, further scaling itsSeller Lending program (launched in 2016),to offer sellers on Amazon.in loan options from multiple third party lenders. Building on the core value proposition of Amazon.in, the new Seller Lending Network will provide: (1) Wider Selection: Sellers can now choose loan offers tailored for their business needs from multiple lenders and loan types (term loans or overdraft loans) (2) Better Value: Sellers stand to save ~150 – 250 bps on interest rates due to competitive rates offered by the lenders(3) Greater Convenience: Sellers can now avail loans via an online application process with

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