Amazon India launches special fund to help its SMB partners in logistics

Amazon India said on Wednesday it has introduced a partner support fund to help the small and medium businesses (SMBs) who are heavily reliant on the company.

The company noted in a statement that SMBs across India have been financially impacted due to the nationwide lockdown.

This fund for SMBs in logistics will be available to delivery service partners and select transportation partners in India to help adjust their business model to the “new realities” posed during the lockdown, it said.

“Through the one-time disbursement, the fund will support the partners in multiple ways. This includes enabling them to provide financial aid to close to 40,000 of their staff for the month of April 2020.