Solv Launches Festive Offers for Small Business Community to Help them Earn More this Festival Season

Bengaluru, October 12th, 2020: The Festive Offer by Solv is designed to provide an advantage to kirana store owners, wholesalers, traders and small businesses in HoReCa segment by helping them buy in bulk at discounted prices and improve their sales margins.

Solv, a B2B digital platform for Micro, Small and Medium Enterprises (MSMEs), announced the launch of a special festive offer campaign for retailers, wholesalers and traders of FMCG goods and HoReCa (Hotels, Restaurants, Café) segment, in view of the upcoming festival season. The offer will be open till the end of Diwali. Kirana store owners, wholesalers and small traders who buy from Solv’s platform can now avail significant discounts and other attractive rewards for purchases they make during this time.

This special offer has been designed to give small traders a boost amid the severe COVID-19 pandemic-led economic slowdown that they are facing. The MSME sector has been one of the worst affected in this crisis and Solv is constantly working on ways to support them during these challenging times. The festive season is usually the time when business is at its peak for retailers and traders. This year, however, with muted festivities and lockdown restrictions, traders continue to face challenges in doing business. The special offer from Solv will help them stock up at the best prices and take advantage of other features like free doorstep delivery, helping them save on costs and increase their profit margins.

The ‘Solv Festive Offers’ programme has been launched in Delhi, Gurgaon and Bengaluru, across all serviceable areas of Solv in the categories of FMCG products, food and grocery and for the hotels, restaurants & café segment. With this offer buyers can avail sign-up discounts, buy-more-save-more options, and win gold coins.

Thousands of Stock Keeping Units (SKUs) are available with Solv through sellers who are a part of its marketplace and are supplying a rich product mix demanded by retailers & buyers. Bulk buying is hence being made easy by Solv by helping small businesses conveniently place unlimited number of orders on the platform and get free delivery without leaving their shop even once!

With B2B interactions going digital, Solv’s marketplace is seeing a 2x month-on-month jump in customer base with an 80% increase in transacting buyer base of which more than 70% are buying repeatedly from the platform.

“Solv is focused on helping 60 million plus Indian MSMEs overcome their growth challenges and realize their full potential. Our mission to enable MSMEs digitally and find innovative solutions for their challenges led us to introduce this festive offer, which has been created with the special needs of small traders and retailers affected by the current pandemic-induced economic slowdown in mind. This offer will enable them to make the festival season a profitable one for their business.,” said Rohit Dawer, Head, Commerce Sales, Solv.

The details about the offer are available on the Solv website.

Solv, registered as Standard Chartered Research & Technology India Pvt. Ltd. is a fully-owned entity of the Standard Chartered Group, headquartered in London.

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