Bengaluru: Flipkart, India’s largest e-commerce marketplace, has partnered with Cleartax, a leading online tax and investing platform, to help sellers connect with specialist chartered accountants (CAs), offering various tax and accounting related services. In June, Flipkart revamped its seller financing programme ‘Growth Capital’, which allows its one lakh plus sellers to avail growth credit at competitive interest rates from non-banking finance companies (NBFCs) and banks. According to Nishant Gupta, head of marketplace at Flipkart, the partnership with Cleartax makes sense since “our aim is to make selling on our platform as easy and hassle-free for sellers as possible". Archit Gupta, founder and chief executive Cleartax said, “Small businesses in the e-commerce space find it challenging to understand and implement GST changes and adapt to them quickly. Instead of letting that be a barrier to their business, we are coming together with Flipkart to help entrepreneurs comply with GST using our technology and advanced automation."

Source: Mint July 08, 2019 09:45 UTC