Rivigo ties up with IDFC & YES Bank

Rivigo is tying up with YES Bank, IDFC and 10 other financial institutions to make cheaper funds available to truck owners and operators on its platform. The funds will be available at an interest rate of 1-2% per month, lower than the usual industry standard of 2-3%. Rivigo is a homegrown logistics start-up that owns as well as acts as an aggregator of trucks.

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