Financial inclusion for India's gig workforce is being strengthened through a new initiative launched by Swiggy in partnership with Zerodha Fund House. Delivery partners are now being enabled to invest a portion of their earnings into mutual funds directly through the Swiggy Rider App, with investments starting from as little as ₹100. The initiative is being introduced to encourage disciplined savings, improve long-term financial security, and make investment opportunities more accessible for platform workers across the country.
The new feature has been integrated into the Swiggy Rider App through a fully digital process, allowing delivery partners to invest directly in mutual fund schemes offered by Zerodha Fund House. It has been stated that investments can be tracked and managed through Zerodha Fund House's WhatsApp channel. The absence of a lock-in period has been maintained, enabling users to withdraw funds whenever required while saving for goals such as emergencies, vehicle purchases, education expenses, and family financial planning.
Saurav Goyal, Senior Vice President – Driver and Delivery Org, Swiggy, said, "Our delivery partners are integral to the communities we serve." He stated that the partnership with Zerodha Fund House had been introduced to make investing more accessible for delivery partners while supporting their journey towards greater financial independence and long-term wealth creation. He added that the initiative formed part of Swiggy's broader commitment to providing financial tools tailored to the needs of its delivery partner community.
Vishal Jain, Chief Executive Officer, Zerodha Fund House, said, "Technology can make investing simple and accessible." He explained that gig workers often face challenges in building long-term savings because income is earned and spent in shorter cycles. He noted that enabling Swiggy delivery partners to invest part of their weekly earnings into mutual funds through a few simple steps could encourage regular investing while retaining the flexibility to withdraw funds whenever required.