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In February, the food aggregator roped in Akshay Gautam from Indifi Technologies, its previous lending partner, as Assistant Vice President (AVP) to lead the initiative.
Online food delivery platform Swiggy on Tuesday said it has facilitated over Rs 450 crore in loan disbursal to more than 8,000 restaurant owners as part of its capital assist programme.
Swiggy Restaurant Financing Programme: Under the programme, that helps restaurants access financial products such as term loans and credit lines from lending firms including Indifi, Incred, PayU, IIFL and FT Cash, 8,000 restaurants that have accessed these product, 3,000 availed loans in 2022.
Under the programme, that helps restaurants access financial products such as term loans and credit lines from lending firms including Indifi, Incred, PayU, IIFL and FT Cash, 8,000 restaurants that have accessed these product, 3,000 availed loans in 2022.
Over 8,000 restaurants have availed loans so far, of which 3,000 availed loans in 2022 alone, the company said in a statement.