Swiggy tie-up with ICICI Bank for Digital Wallet

Foodtech giant, Swiggy has launched its digital wallet in partnership with ICICI Bank.  The digital wallet named ‘Swiggy Money’, will provide users with a single-click checkout experience. Through this partnership, Swiggy customers allow storing money to be used for orders on the platform.

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Swiggy has used ICICI Bank’s ‘insta wallet service’ built on its cloud platform which allows the Foodtech to create a digital wallet instantaneously for customers. The service shall also be open to customers who do not bank with ICICI, who will, however, be required to provide details of a government ID to the bank.

Important takeaways for all competitive exams:

  • Headquarters of Swiggy: Bengaluru, Karnataka.
  • CEO of Swiggy: Sriharsha Majety.
  • Headquarters ICICI Bank: Mumbai, Maharashtra.
  • CEO of ICICI Bank: Sandeep Bakhshi.

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