Highlights
Aims at facilitating collateral free working capital loans.
Loans upto Rs 10,000 of 1 year tenure.
New Delhi: Online food ordering platform Zomato on Thursday announced that it will tie up with street food vendors across 6 cities of India under the Prime Minister Street Vendor''s AtmaNibhar Nidhi (PM SVANidhi) scheme.
An exchange of MoU was signed between Mission Director, PM SVANidhi in the Ministry and Vice President of Zomato.
As per the Mou, Zomato will launch a pilot product with 300 street food vendors in 6 cities --Bhopal, Raipur, Patna, Vadodara, Nagpur and Ludhiana.
Zomato will provide PAN and FSSAI registrations, digitised menu, fix prices, train and certify vendors in food safety and hygiene, packaging, presentation and use of Zomato App, as part of the training process. It has been learnt that Zomato will upscale to 125 cities.