Terms & Conditions for Sellers

1. Collaboration: Ekam Interface Pvt Ltd (Marketplace) and Nimaya Traders Pvt Ltd (Trading) collaborate closely. All invoices will feature Nimaya Traders Pvt Ltd, while Ekam Interface Pvt Ltd will be referred to as "Ekam" in the agreement.

2. Vendor Registration: Nimaya Traders Pvt Ltd (NTPL) will be registered as an approved vendor with sellers to ensure smooth transactions.

3. Product Listings: Only unused and reliable components will be uploaded and displayed on the Ekam Invento platform. Sellers must ensure that all items meet these standards.

4. High Discounting Requirement: Sellers are required to offer significant discounts on their listings to attract and create proposals. High discounting is crucial for generating interest and ensuring the success of marketing campaigns.

5. Immediate Response to Proposals: The Seller agrees to promptly review and respond to any proposals or inquiries generated from the campaign. This ensures that potential deals are not lost due to delays in communication. A fast response is essential to capturing market interest.

6. Campaign Duration: Ekam Invento will run marketing campaigns for a duration of one month. During this period, the Seller agrees to maintain adequate stock of the materials being promoted.

7. Post-Campaign Actions: After the 30-day campaign period, the Seller may take necessary actions with respect to the stock, including decisions on further sales or liquidation.

8. Timely Attention to Market Enquiries: The Seller commits to attending to market inquiries as soon as they are received. This will help capitalize on the momentum created by the campaign and avoid any missed opportunities.

9. Stock Management and Communication: The Seller agrees to maintain clear and consistent communication with Ekam Invento regarding the status of the stock throughout the campaign. The Seller must inform Ekam Invento before consuming or reallocating any materials involved in the campaign to avoid situations where promoted items become unavailable.

10. Proposal Validity: Proposals must be acted upon quickly to secure market opportunities. The seller must respond rapidly to ensure a competitive edge.

11. Accountability and Collaboration: Sellers are expected to collaborate closely with Ekam Invento and remain accountable for their inventory and responses during campaigns to maximize the effectiveness of the platform.