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Zomato and StockGro Team Up For Financial Literacy to Delivery Partners

Written by: Team Angel OneUpdated on: Feb 21, 2025, 3:32 PM IST
StockGro and Zomato are helping delivery partners learn how to manage their money better through workshops on budgeting, saving, and investing.
Zomato and StockGro Team Up For Financial Literacy to Delivery Partners
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StockGro has partnered with Zomato to help delivery partners manage their finances better. The initiative includes financial literacy sessions that cover budgeting, saving, investing, and planning for the future.

As of February 21, 11:47 AM, Zomato Ltd is trading at ₹232.02, down 0.82% for the day, but has gained 46.25% over the past year and 8.14% in the last month.

Workshops Conducted in Cities

So far, 10 sessions have been held across Delhi, Hyderabad, Kolkata, and Bangalore, reaching over 1,000 delivery partners. The goal is to give them a basic understanding of handling money efficiently, considering their unpredictable income patterns.

The sessions are available in Hindi, Tamil, Telugu, Bengali, and Kannada to make it easier for delivery partners to understand the content in their preferred language.

Why This Matters

Most gig workers don’t have fixed salaries or benefits like traditional employees, making financial planning a challenge. These sessions introduce practical tips on managing daily expenses, saving for emergencies, and understanding simple investment options.

StockGro’s Role

StockGro is a financial education platform with 35 million users. The company focuses on explaining finance and investment concepts in a way that’s easy to grasp. Through this partnership, StockGro is extending its financial education efforts to a section of workers who often lack formal guidance on managing money.

Zomato’s Involvement

Zomato, founded in 2010, has been working on various programs to support its delivery partners beyond just earnings. This initiative is part of a broader effort, as per the reports, to provide gig workers with resources that can help them stabilize their finances over time.

What the Companies Said

Ajay Lakhotia, Founder & CEO of StockGro, said that understanding money management is key to long-term security and that these sessions aim to provide delivery partners with practical financial knowledge.

Anjali Ravi Kumar, Chief Sustainability Officer at Zomato, said that delivery partners play a critical role in the company’s operations, and offering financial education is one way to support them beyond their day-to-day work.

For gig workers, financial stability often depends on how well they can plan for uncertain income periods. This initiative plans to provide basic, useful financial skills that can help them make better decisions with their earnings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 21, 2025, 3:32 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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