• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, June 25, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home India News

Service Startups Do Their Part – Launch Relief Funds

by Dev Chinnappa
April 2, 2020
in India News
Reading Time: 2 mins read
0
Service Startups Do Their Part – Launch Relief Funds
TwitterWhatsappLinkedin

As the country continues to power through its 21-day lockdown, few will deny the invaluable service that has been continuously provided by service-based startups during this time. As citizens have been confined to their homes, delivery and ride-hailing platforms have taken center stage to assist the quarantined masses

You might also like

Over 200 Killed in Catastrophic Air India Crash Minutes After Takeoff from Ahmedabad

Liberian Cargo Ship MSC ELSA 3 Capsizes Off Kochi Coast, All 24 Crew Rescued

Pakistan Violates Ceasefire Hours After Agreement with India

A number of companies have, however, taken the initiative to go above and beyond. Relief funds have been launched by a certain prominent startup entities in an effort to minimize the economic burden on their shareholders. This includes funds to support those employees that may be out of work during the lockdown period, struggling ancillary businesses, or simply the general public.

Ola Cabs launched their Drive The Driver Fund to support the country’s cab, auto and taxi drivers, whether or not they work for Ola. The funds will be used to provide Covid19 medical insurance to drivers and their families, as well as send care packages, including essentials items, groceries, etc. Apart from this, the company has also provided lease waiver for all leased cars, and an interest-free weekly credit to all drivers, to cover essentials.

https://twitter.com/Olacabs/status/1244975702337675265

Swiggy too recently announced the launch of its Covid Relief Fund. The fund was kicked off through the initial donation, by CEO Sriharsha Majety, of 50% of his annual salary. The fund, as stated by Swiggy “will be used for the welfare of our delivery fleet and their families”, including sustenance and medical support

Our delivery partners are the backbone of our business, and continue to deliver food in many cities across India. The crisis has massively impacted their earnings, and we have launched the Hunger Savior Covid Relief Fund to support them at this hard time.https://t.co/hRIz9Meb2G

— Sriharsha Majety (@harshamjty) March 31, 2020

Zomato on Thursday announce the launch of its own Zomato Gold Support Fund. The company has pledged to donate its revenue from the purchase of a Zomato Gold membership to the Fund, which will be used to assist struggling restaurateurs and their support staff.

Restaurants face an unprecedented challenge amid the lockdown. Restaurateurs are fighting to pay their rentals, and afford even the most basic livelihood to the workers — cooks, servers, housekeeping.

[1/4] pic.twitter.com/Sto2i6I55A

— Deepinder Goyal (@deepigoyal) April 2, 2020

As a large percentage of the population find themselves out of work or unable to work from home, these projects could prove to be a lifeline to those eligible avail them.

 

Tags: Indian StartupsOLARelief fundsSwiggyZomato India
Tweet54SendShare15
Previous Post

Mera Cashier secured $150K from singer Sukhbir Singh, and others

Next Post

Everything You Wanted To Know About India’s Top Rated Payment Gateway – Instamojo!

Dev Chinnappa

Recommended For You

Over 200 Killed in Catastrophic Air India Crash Minutes After Takeoff from Ahmedabad

by Harikrishnan A
June 13, 2025
0
Over 200 Killed in Catastrophic Air India Crash Minutes After Takeoff from Ahmedabad

What began as a routine international journey turned into a nightmare on Thursday morning, when Air India Flight AL171 crashed shortly after takeoff, claiming the lives of at...

Read more

Liberian Cargo Ship MSC ELSA 3 Capsizes Off Kochi Coast, All 24 Crew Rescued

by Thomas Babychan
May 25, 2025
0
MSC ELSA 3

In a serious maritime incident that raised environmental and safety concerns along the Kerala coastline, a Liberia-flagged container vessel named MSC ELSA 3 capsized approximately 38 nautical miles...

Read more

Pakistan Violates Ceasefire Hours After Agreement with India

by Thomas Babychan
May 11, 2025
0
Pakistan Violates Ceasefire Hours After Agreement with India

The recently announced ceasefire between India and Pakistan came under serious doubt within hours of its declaration. Despite hopes that the agreement would bring an end to the...

Read more
Next Post
Instamojo

Everything You Wanted To Know About India's Top Rated Payment Gateway - Instamojo!

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?