Urban Company too offers interest-free loans to 22K partners & more


Urban Company launched an interest-free loans under which Rs 11 Cr is being disbursed to these eligible partners. CEO Abhiraj Bhal said that approximately 85% i.e. 22K of the company’s total gig partners are eligible for the programme. The company is offering business advance to these partners, with a delayed payback period. Under this, INR 11 Cr has been disbursed by the company, which most partners have already availed and rest would be completed by Monday. Company is also working on a Covid-19 health insurance & income protection programme for partners, those professionals suffering from Covid-19 will be granted INR 25K for hospital bills and INR 14K under income protection.

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