You are currently viewing Godrej’s NBFC Arm Expands MSME Services with Amazon, Visa, and DBS Bank Partnerships

Godrej’s NBFC Arm Expands MSME Services with Amazon, Visa, and DBS Bank Partnerships

Godrej Capital, the non-banking finance company (NBFC) arm of the Godrej Group, has forged strategic partnerships with Amazon, Visa, and DBS Bank India for its digital platform Nirmaan. The platform, launched in April this year, aims to provide a comprehensive suite of value-added services (VAS) for Micro, Small, and Medium Enterprises (MSMEs). Nirmaan now boasts a network of over 13 partners offering diverse VAS to enhance MSMEs’ market reach, financial support, legal compliance, employee well-being, and more.

Key Partnerships and Services

Amazon’s collaboration with Nirmaan enables MSMEs to showcase and sell their products on, facilitating both domestic and global market access through a three-month subscription to Amazon Global Selling. Visa offers MSMEs access to comprehensive payment solutions, while DBS Bank India provides a tailored current account and an array of value-added services.

Diverse Platform Offerings

Apart from Amazon, Visa, and DBS Bank India, Nirmaan’s partner ecosystem includes Onsurity (employee healthcare), Zolvit (tax and compliance support), MSMEx (advisory platform), and new partners like GeM Tech Paras (GeM consultancy), Escrowpay (digital escrow account), GreytHR (HR and payroll software), and Serapis Knowledge Solutions (strategy and research). This diverse range of services aims to address various facets of MSME operations.

Strategic Vision for MSME Growth

Manish Shah, MD & CEO at Godrej Capital, emphasized the company’s commitment to being catalysts in the MSME growth journey. Beyond lending, the focus is on providing holistic support to MSMEs. The collaborative efforts of Nirmaan’s partners align with the Godrej Group’s commitment to contributing to India’s journey towards becoming a 5 trillion-dollar economy.


Leave a Reply