Chinese e-commerce firm Alibaba Group’s wholesale trading platform Alibaba.com is partnering with Kotak Mahindra Bank, IDFC Bank, Aditya Birla Finance, Delhivery and DHL to provide logistics and financial support to Indian SMEs. The firm is looking to expand its Trade Facilitation Centre (TFC) program that helps SMEs in India. Kotak Mahindra Bank and IDFC Bank will provide banking, transactional and lending solutions to SMEs. Aditya Birla Finance will help improve SMEs’ exports process with provision of collateral-free loans and customized financing options. DHL will present Alibaba.com members with Concept 1, a program with one solution for all exports and imports of documents, samples and small shipments and Delhivery will provide domestic courier and logistics services with free shipments and offer Alibaba.com members special solutions, prices and customer support.
