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Oct, 12 2017

Swiggy To Launch Capital Assist Program

Swiggy has more than 18,000 restaurant partners in the country

Swiggy, a food ordering and delivery chain has partnered with Fintech firm Indifi Technologies to launch swiggy capital assist program for providing quick service to financing option to restaurants partner.

Swiggy said in a statement “This partnership will provide swiggy’s restaurant chain seamless help to grow their business and reach to maxium people.

Swiggy CEO Sriharsha Majety said "Through Swiggy Capital Assist, we want to leverage our credibility to provide fair and hassle-free financing options to our restaurant partners, much like our seamless delivery service. With this programme, the company's objective is to enable small and medium scale restaurants to get quick access to capital, expand their presence, and continue on their journey to greater success.”

Indifi CEO siddharth manhot said "Indifi's partnership with Swiggy creates a seamless financing platform for restaurant owners, as well as the data infrastructure to enable strong credit quality for lenders.”


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