eBay India partners with SMECorner.com to fulfill funding requirements of ecommerce SMEs and entrepreneurs

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ebayMumbai, March 03, 2015: eBay India (www.ebay.in) has partnered with SMEcorner.com, India’s first online platform for Small and Medium Enterprises which addresses the diverse financial requirements of entrepreneurs in this sector.

 

A user-friendly interface, SMEcorner.com offers hassle-free loan accessibility options in just six simple online steps. This helps combat challenges of endless follow–ups, arduous documentation, unprofessional intermediaries and more.  SMEcorner.com offers tools such as Loan Eligibility Calculator and Loan EMI Calculator which helps entrepreneurs to manage their debt efficiently and effectively. Moreover, SMEcorner.com does not charge borrowers for its services.

 

“We are delighted to partner with eBay India. The tie-up has given us the opportunity to expand our bandwidth and has given us the confidence to penetrate the growing ecommerce sector even deeper. Our aim is to narrow the gap between SME enterprises and lenders by guiding and providing them access to avenues to meet their funding requirements,” said Mr. Samir Bhatia, Founder & CEO, SMEcorner.com.

 

“ecommerce is becoming mainstream and is attracting entrepreneurs to set-up their business online. Many SME ecommerce merchants are also looking to scale their existing online businesses but are unable to do so, due to lack of financing options. The tie-up with SMECorner.com will help fulfil the funding needs of over 50,000 sellers on ebay.in,” said, Pankaj Ukey, Head Seller Services, eBay India.  “Members of Confederation of All India Traders (CAIT) and Delhi Hindustani Mercantile Association (DHMA), with whom eBay India has an MoU, also stand to benefit through this tie-up with SMECorner.com,” added Mr. Ukey.

 

About eBay India

eBay India (www.ebay.in) is a leading online marketplace and shopping destination in India where thousands of entrepreneurs list over 3 crore products across Electronics, Lifestyle, Collectibles and Media categories. eBay India is a 100% subsidiary of eBay Inc.

 

About SMECorner.com

The brainchild of Mr. Samir Bhatia, SMECorner is managed by a set of seasoned financial sector professionals who understand the industry and requirements of both sides of the supply chain.

Mr. Samir Bhatia himself is a recognised finance professional with deep knowledge of the SME lending space having worked in Citibank, HDFC Bank, Barclays Bank and Equifax at leadership positions.