Start investing from just ₹100, withdraw whenever you want! Zerodha Mutual Fund option available directly on Swiggy

A lot of concern is expressed about the earnings and future of delivery partners Swiggy and Zomato. They used to wonder how much money they could earn and save from each delivery. But now the company has found a better and better solution for this. Swiggy has partnered with Zerodha to come up with a great alternative. Due to which the delivery partners will get an opportunity to invest in mutual funds. Let’s know in detail what exactly this option is.

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Swiggy and Zerodha Partnership

Swiggy announced on Tuesday that it has partnered with Zerodha Fund House. With the help of which their delivery partners can invest in mutual funds through the app. Delivery partners can start investing a portion of their earnings from just ₹100. According to the company, this amount will be directly invested in the schemes of Zerodha Fund House. Delivery partners can easily view and manage their investment and portfolio information via WhatsApp.

What did the company say?

Following the partnership, Saurabh Goyal, Vice President, Swiggy, said, “The initiative aims to financially empower delivery partners and provide them with an easy means of saving for the future.”
Vishal Jain, CEO, Zerodha Fund House said, “Gig workers’ income is not regular, making it difficult for them to save in the long run. Now, Swiggy Delivery Partners can invest a portion of their weekly earnings in mutual funds with just a few clicks and withdraw as per need.”

Many benefits like insurance for delivery partners

It is important to note that Swiggy already offers many benefits like insurance for its delivery partners. The new initiative comes at a time when the ‘gig economy’ is growing rapidly in India, but saving remains a challenge for millions of workers due to irregular income. This facility will give them an opportunity to save for the future by investing a very small amount.

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