- Delivery partners can save a part of their earnings with investments into mutual funds
- Starting from Rs. 100
This is an extension of Swiggy’s commitment to empowering its delivery partners, going beyond earnings to help partners build financial discipline for themselves and their families, by investing in the schemes of Zerodha Fund House. Riders may choose to invest for emergencies or for long-term needs (like new two- wheeler, school fees, family goals). The investment can be done as per their convenience and there is no lock-in period,
The delivery partners may begin their investment journey from the Swiggy Rider App, the journey is seamless, completely digital and easy to understand. The investment is done directly in the Schemes of Zerodha Fund House and the delivery partners can manage investments directly via Zerodha Fund House’s WhatsApp channel.
Speaking on the launch, Saurav Goyal, Senior Vice President- Driver and Delivery Org, Swiggy said, “Our delivery partners are integral to the communities we serve, and we strive to positively influence their lives through initiatives that promote their safety, well-being, and long-term empowerment. With this partnership with Zerodha Fund House, we are making it easier for our delivery partners to invest their earnings and in turn, become financially independent as well as invest for their future. This is another step towards giving every partner access to financial tools that are designed for them.”
Added Vishal Jain, CEO, Zerodha Fund House “This is another example of how technology can make investing simple and accessible. For millions of gig workers, building long-term savings can be difficult when incomes are earned and spent in short cycles. A Swiggy delivery partner can now save a part of their weekly earnings into a mutual fund in a few taps and withdraw it whenever they need. And that first step, however small, is the beginning of a better financial life."
About Swiggy
Swiggy is India’s pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience, enabled by over 6.1 lakh delivery partners. With an extensive footprint in food delivery, Swiggy Food collaborates with over 2.7 lakh restaurants across 720+ cities. Instamart, its quick commerce platform operating in 129 cities, delivers groceries and other essentials across 20+ categories. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Scenes into its multi-service app as well as creating standalone offerings like Toing and Crew for opening up new market segments. Leveraging cutting-edge technology and Swiggy One, the country’s only membership program offering benefits across food, quick commerce and dining out, Swiggy aims to provide a superior experience to its users.For more details, please visit our website: www.swiggy.com/corporate/
About Zerodha Fund House
Zerodha Fund House is an asset management company launched in 2023, a joint venture between Zerodha Broking (Zerodha) and CASE Platforms (smallcase). Zerodha Fund House offers simple and transparent index funds and ETFs to enable a new generation of investors to access the capital markets. Learn more at https://www.zerodhafundhouse.com/Disclaimer: This is not investment advice or buy or sell recommendation. Readers should do their own research and analysis or consult an investment adviser/s before investing in schemes of mutual funds. Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments.
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
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