Sulekha Partners With Axis Bank to Enable Small Businesses to get Special Access to its Online Marketplace of 20 Million Customers

CHENNAI, June 8, 2017 /PRNewswire/ --

Sulekha, one of India's largest and fastest-growing digital platforms for local services, has entered into a strategic partnership with Axis Bank, India's third-largest private sector bank, to provide the bank's SMB and SME customers, a special access to Sulekha's local services marketplace.

     (Logo: http://photos.prnewswire.com/prnh/20161004/414896LOGO )

This partnership will enable the Axis Bank SMB and SME customers to be visible to more than 20 million users on Sulekha, every month. Sulekha now has more than 5.5 million listed businesses. Sulekha's services marketplace is growing at a scorching speed with over a million needs being registered every month and the idea of this tie-up was to get Axis Bank customers fast access to this opportunity. This is the first of many such tie-ups Sulekha is planning, to cement its leadership position in the local service landscape.

Speaking on the partnership, Satya Prabhakar, CEO and Founder, Sulekha, said, "Sulekha has consistently played a crucial role as an enabler for small businesses and enterprises in India by providing them affordable access to the online marketplace, adding tremendous value and growth opportunities. Sulekha not only creates digital footprint for the SMB but also offers targeted, inexpensive and actionable leads at real time. Being a pioneer in local services market in India, we strongly believe that our expertise would be of great benefit to Axis Bank's SME/SMB customers who can now gain special access to our evolved online local services ecosystem."

Axis Bank has worked consistently to provide a structure to the SMB/SME space, through its 'Beyond Banking' initiative. SMB and SME customers can now gain this special access to Sulekha's services by simply clicking an exclusive button provided on Axis Bank's netbanking portal under the 'Beyond Banking' section.

About Sulekha: 

Sulekha is one of India's largest and fastest-growing digital platforms for local service need fulfilment in over 40 cities, connecting tens of millions of users and local businesses in 800+ need categories such as computer training, serviced apartments, wooden flooring, party catering, baby-sitting, elder care, yoga lessons, kitchen renovation, wedding photography, moving-packing, pest control, event planning and auto repair. Sulekha has 14 offices and 2,000+ employees across Austin and India, including Delhi, Mumbai, Pune, Ahmedabad, Hyderabad, Bengaluru, Kolkata and Chennai. Please visit http://www.sulekha.com.

About Axis Bank: 

Axis Bank is the third-largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. Axis Bank had a network of 3,304 domestic branches and extension counters situated in 1,946 centres, and 14,163 ATMs and 1,349 cash recyclers spread across the country (as on 31st March, 2017).

For further details, please contact:

Tushar Sehgal
Sulekha
+91-7709199993
[email protected]  

Nikhila Kesavan
20:20 MSL
+91-9840124036
[email protected]  

Ram Kumar R
20:20 MSL
+91-9884987707
[email protected]