NEW DELHI, Oct 9: Swiggy on Thursday announced a strategic partnership with PayU Finance, the NBFC arm of PayU, to offer credit solutions to its restaurant partners starting from the next financial year. The collaboration aims to achieve an annualised run rate of Rs 300 crore in credit disbursements in the next fiscal year and a total of Rs 1,000 crore within three years. The partnership offers customised unsecured credit solutions of up to Rs 25 lakh by PayU Finance, leveraging Swiggy’s network insights, with flexible repayment through an Equated Weekly Installment (EWI) model, starting at 18 per cent per annum with zero foreclosure penalties. Restaurant partners can apply for a loan through the ‘Instant Loan’ section on the Swiggy Partner app, executed and processed through the Pa

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