The MOU focuses on imparting essential financial knowledge and Investor awareness to Zomato’s delivery partners and aims to contribute to their financial independence and overall financial well-being
MUMBAI: To promote financial literacy and Investor awareness programs among the gig economy workers, the National Stock Exchange of India (NSE) and Zomato have signed a Memorandum of Understanding (MOU). This strategic partnership aims to launch an extensive financial literacy and investor awareness drive specifically designed for Zomato’s delivery partners, impacting the lives of over 50,000 gig workers across the country. This collaboration underscores the commitment to fostering financial empowerment, inclusion, and financial independence for India’s growing gig workforce.
As a key objective of the MOU, the Financial Literacy and Investor Awareness drive will focus on imparting essential financial knowledge and Investor awareness to Zomato’s delivery partners, covering fundamental aspects of personal finance management and the basics of investing. Topics will include budgeting, saving, investing, debt management, insurance, etc.
Shri Sriram Krishnan, CBDO, NSE said, “At NSE, we are dedicated to fostering financial literacy across diverse communities, particularly those engaged in the gig economy. This partnership with Zomato is a significant step in expanding our outreach to a critical segment of the workforce that drives the digital economy. By equipping delivery partners with financial skills, we aim to contribute to their financial independence and overall financial well-being”.
Shri Rakesh Ranjan, CEO, of Food Delivery, Zomato said, “Through this collaboration, our goal is to raise the standards of financial literacy and overall well-being for delivery partners onboarded on Zomato. This unique program has been curated to suit delivery partners’ needs, to equip them with the right knowledge and skill-set to become financially independent. Over 2,000 delivery partners have already taken a step toward financial literacy, and we’re looking forward to scaling this further in the next few months”.
The MOU also aims to promote sustainable financial habits, enabling delivery partners to achieve long-term financial stability. By equipping gig workers with the knowledge to make informed financial decisions, the program aims to make them financially independent.
To ensure accessibility and inclusivity, the program will be conducted in multiple regional languages catering to a diverse audience among the gig workforce.
