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India’s food delivery giant Swiggy launches credit card
Variety and Tech
2023-07-26 | 07:19
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India’s food delivery giant Swiggy launches credit card
Swiggy has become the latest Indian startup to offer its customers a credit card as the food delivery giant broadens its efforts to drive engagement and retention.
The Bengaluru-headquartered startup is co-launching the credit card with HDFC Bank, India’s largest private bank. The credit card will offer customers a 10% cashback on spends on Swiggy and 5% across over 1,000 partnered platforms including Amazon, Adidas, Zara, Flipkart, Nike, Uber and BookmyShow, Swiggy said.
The card, powered by Mastercard, will also offer a three-month subscription to Swiggy One, a service that waives off delivery charges, and 1% cashback on all other spends, said the startup, which is backed by Prosus, SoftBank, Accel and Invesco. It will also extend a few Mastercard benefits, Swiggy said.
Read the full story at:
https://techcrunch.com/2023/07/26/swiggy-hdfc-credit-card/
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