Moneycontrol Presented by Motilal Oswal
Days hours minutes
Nerolac
Presented by :

Co-Presenting Sponsor :

Capital Trade

Powered by :

Godrej Properties

Associate Sponsors :

Aegon Life
LIC Housing Finance
Indiabulls
DHFL

Co-Presenting Sponsor

Capital Trade

Associate Sponsors

  • Indiabulls
  • Aegon Life
  • LIC Housing Finance
  • DHFL
Jul 20, 2015 03:33 PM IST | Source: PTI

Tata Capital partners Snapdeal to finance online sellers

Tata Capital, the financial services arm of Tata Group, has tied-up with online retail major Snapdeal under its Capital Assist programme for financing sellers and online merchants.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Tata Capital, the financial services arm of Tata Group, has tied-up with online retail major Snapdeal under its Capital Assist programme for financing sellers and online merchants.


Under the arrangement, the NBFC will provide unsecured loans from Rs 5 lakh to Rs 2 crore to meet the working capital needs of Snapdeal's sellers at competitive rates and with flexible tenures, Tata Capital said in a statement n Monday.


Snapdeal, an online marketplace, caters to a wide array of categories and products through over 1,50,000 connected sellers from over 5,000 locations across the country.

Tata Capital's Supply Chain Finance is one of its key product offerings with a book size of over Rs 5,000 crore.

Sections
Follow us on
Available On