India’s leading independent fashion platform LimeRoad has announced a slew of relief measures for employees affected with COVID during India's second wave of infections that peaked in April this year.
The e-commerce platform has allowed employees two additional weeks of leave for COVID over and above their regular annual leave. The organization will provide financial assistance to all employees to help cover their COVID expenses including medical aid, hospitalization, and post-COVID recovery.
For employees earning salaries below Rs 50,000 pm, the company has announced a special COVID term-insurance of up to Rs 300,000. This is in addition to the Medical Insurance that covers all hospital costs, and staff-on-demand in the Delhi-Gurgaon area to help with essential services when employees are in need.
In May’21, LimeRoad recorded 121 per cent growth in sales than in May '20 and 11 per cent decline from March'21. The company expects to grow by 40 per cent over the next 3 months.
Founded in 2012, LimeRoad bagged Business Today Startup of the Year Award in 2015, and the Economic Times Best Supply Chain of the Year Award in 2018.
