Retailio partners with Indifi Technologies to provide unsecured loans for its listed partners to support business continuity
- Partnership to offer loans up to Rs. 1 Cr to distributors & retailers listed with Retailio.
- Funds will help partners meet their working capital requirements amid the current Covid-19 crisis and beyond.
Pharmaceutical sector has always seen a strong growth but in the current COVID-19 impacted economic environment, it is one of the few sectors which can continue its growth momentum. Retailio is India’s largest B2B health care marketplace connecting the retailers and the distributors to simplify business processes and promote scalability. Within a short span, Retailio is now present in over 100 cities creating a huge network of over 70,000 retailers and 3,000 distributors across India.
Retailio has tied up with Indifi - one of India’s leading SME lending platform enabling easy access to unsecured capital for small. The quick and simple digital process of Indifi’s tech platform will enable Retalio’s partners to get loans up to Rs 1 Cr sanctioned, with just a few clicks, within 24-48 hours.
“Retailio and Indifi have a strong core value of serving their customers & contributing to their growth to the best of their ability. With an enriched experience across the sectors, we have thrived to create a win-win situation by changing the financial lending ecosystem towards our partners and the healthcare industry.” Said Mr. Rupesh Pathak, Director – Retailio.
In an attempt to consolidate a rather fragmented space, Retailio has steadily progressed to build a large userbase. The retail and distribution partners can avail loans with no collateral, minimum documentation, and availability of several top lenders. With a simple online application process, partners can apply for a loan from multiple lenders in minimum time. As the loan is customized, it also assures perfect suitability to the dynamic needs of the business.
Speaking about the initiative, Mr. Sangram Singh, President, Indifi, commented,
“We are delighted to partner with Retailio, an organization committed to driving
growth & sales within the pharma ecosystem. We are very excited about working
together to ensure that Pharma Distributors and Retailers get timely access to
loans to enable business growth.”
Retailio has always believed in making businesses easy, reliable and transparent. It is determined to provide one stop solution for everything a pharma retailer & distributor needs.