Over 58,000 MSMEs uplifted by Walmart Vriddhi through digital training, mentorship & business growth
Walmart Vriddhi, the supplier development program of the retail giant, recently announced that it has exceeded its target of training 50,000 micro, small and medium enterprises (MSMEs) across India by December 2024. According to a statement, the program has digitally empowered 58,000 MSMEs providing them cost access to business advice, digital training and personalised mentorship opportunities.
The Walmart Vriddhi program was launched in 2019 with Swasti as the program partner. The program was aimed to equip MSMEs with the know-how and tools they need to succeed in supply chains by combining Walmart’s supplier development experience and Flipkart’s platform expertise.
Currently, over 14,500 MSMEs are onboarded onto Flipkart.
Jason Fremstad, Senior Vice President, Supplier Development, Walmart, said in a statement, «Through the Walmart Vriddhi program, we have seen incredible resilience in MSME graduates as they showcase their exceptional innovation and commitment towards making a positive contribution in their communities. We are thrilled to be part of their journey helping them grow, fostering inclusivity, and creating lasting impact.»
The program has helped facilitate the growth of more than 10,000 women-led businesses, young entrepreneurs, family-owned businesses, eco-friendly product sellers as well as those focused on environmental sustainability in their supply chains (encompassing sourcing, manufacturing, and packaging.
Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, said in a statement,
