Indian online food delivery platform Swiggy has set up a relief fund for the safety and welfare of its delivery partners amid the Covid-19 crisis.
The move comes at a time when the number of coronavirus cases in India is steadily increasing with more than 1,600 people infected by the virus.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataAccording to a PTI report, the ‘Swiggy Hunger Savior Covid Relief Fund’ will be created with contributions from the company’s founders, senior leaders, employees and investors. Swiggy will also accept donations from customers.
The food delivery platform aims to raise Rs100m ($1.32m) through the initiative. It has already procured Rs40m through initial contributions.
The funding will provide 14-day income protection to delivery partners if they are diagnosed with Covid-19. Additionally, the funding will be used to ensure food and grocery supplies to the partners and their families.
Swiggy CEO Sriharsha Majety said: “To assist our delivery heroes during these testing times, we have initiated this special fund, which will be supported by Swiggy and our investors.
“I am overwhelmed by this collective initiative to support one another while also doing what we do best, which is serving customers.”
Last month, Swiggy introduced a no-contact delivery option where the delivery driver will leave the food package at the customer door to reduce the spread of Covid-19.
This year, the company also raised $112m to support its operations.
