Amazon launches special fund to help small logistics partners in India
April 29, 2020: Amazon India announced partner support fund for small and medium businesses (SMBs) in logistics which will be available to delivery service partners (DSP) and select transportation partners in India to help adjust their business model.
April 29, 2020: Amazon India announced partner support fund for small and medium businesses (SMBs) in logistics which will be available to delivery service partners (DSP) and select transportation partners in India to help adjust their business model.
“Through the one-time disbursement, the fund will enable them to provide financial aid to close to 40,000 of their staff for the month of April 2020. Additionally, it will help cover some critical fixed infrastructure costs, and support liquidity and cash flow for these businesses as they resume and scale their operations post lockdown,” says the release.
Akhil Saxena, VP, customer fulfilment operations, APAC, MENA & LATAM, Amazon, said, “This one-time special partner support fund is designed to enable partners to assist close to 40,000 of their associates through financial hardships, and will help our small business partners in logistics get back on their feet at the earliest when the economy reopens. Our commitment to partners and to India is for the long-term, and this fund, in addition to other measures, aims to support SMBs overcome the situation with relative ease.”
Tanmay Kapoor, director, Acculogicx Supply Chain Solutions said "The 'Amazon Relief Fund' and the 'Service Partners/Delivery Associates support' are timely and substantial measures taken by Amazon India which will ensure that the delivery ecosystem stays intact and all stakeholders will now re-commit themselves to face the prevailing uncertainties with the boost provided by Amazon. These initiatives show that Amazon places the well being of the Delivery Associates / Partners and their families as key to their business philosophy.
Wg Cdr C Nagaraj of Connect India Ecommerce Services said “The triple booster package being released by Amazon India not only helps us delivery service partners to meet the fixed costs in our Amazon Business but also most importantly it helps us to keep the last mile delivery associates motivated. Such an initiative by Amazon India only goes to prove beyond doubt that it truly regards it’s service partners as an extended family of Amazon.”