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Djubo & Indifi partner for unsecured loans to hotels in India

Tuesday, December 6, 2016, 14:00 Hrs  [IST]
By HBI Staff | New Delhi

Indifi Technologies, an enabler for SME funding in India, recently partnered with Djubo, a cloud-based hotel tech solution. Under this partnership, over 1400 hotels that are associated with Djubo will have the opportunity to avail unsecured loans of up to 50 lakh within three business days through Indifi Technologies.

The partnership between Djubo and Indifi is aimed at making available, convenient and unsecured capital loans for hotels to invest in growth initiatives and improve their guest experience, in addition to the hotel digitisation and revenue maximisation technology suite already being offered to them by Djubo.

Elaborating on the successful association, Alok Mittal, Co-founder and CEO, Indifi Technologies said, “Indifi is committed to solving the credit access issues faced by small businesses across sectors in India. Our partnership with Djubo creates a seamless platform for hotels, as well as the data infrastructure to enable strong credit quality for lenders.”

Sankalp Goel, Co-founder, Djubo, added, “We strive to deliver value beyond a regular hotel tech product. Djubo itself is revenue-focused tech product and on average our clients using the complete Djubo platform experiences, on average, 30-40% growth in revenues. This partnership with Indifi is another one of our attempts to deliver meaningful opportunities for our clients that will impact their business bottom lines and help independent hoteliers in India reach their true potential.”

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