31 March 2018

Rivigo ties up with IDFC, YES Bank, for truck loans

Rivigo ties up with IDFC, YES Bank, for truck loans


Rivigo, a homegrown logistics start-up that owns as well as acts as an aggregator of trucks, is tying up with YES Bank, IDFC, and 10 other financial institutions to make cheaper funds available to truck owners and operators on its platform.

The funds will be available at an interest rate of 1-2 percent per month, lower than the usual industry standard of 2-3 percent.

Source- The Hindu Business Line

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