Retailio and Indifi Technologies

Retailio is a B2B pharma marketplace, connecting chemists, pharmacies, healthcare companies, hospitals and other allied services. It offers a web interface, contact network, 200,000 SKUs and a mobile application.

HDFC Bank has partnered with Retailio to launch a range of co-branded credit cards for chemists and pharmacies in the merchant segment. The cards will offer a range of benefits, including annual milestone benefits and rewards points.

HDFC Bank co-branded credit cards

HDFC Bank and Pune-based B2B pharma platform Retailio have launched a range of co-branded credit cards targeting chemists and pharmacies. The cards, available across three variants – World, Platinum and Titanium – will be offered on the MasterCard platform.

The card will be available to chemists and pharmacies in the merchant network of Retailio. These credit cards will come with a host of benefits, according to a report from PTI.

These will include complimentary Shoppers Stop Black Membership, wherein customers will get 20 SSP on Private brands at Shoppers Stop, capped at 2000 SSP per month and 15 SSP on all other brands of Shoppers Stop including premium brands, without any cap.

In addition, the card will offer a 1% fuel surcharge waiver at all fuel stations across India up to Rs. 500 a month.

Ayro Retail Solutions

Ayro Retail Solutions (Retailio) provides scalable Business solutions to build & lead sales focused on Outlet Coverage & regular billing for Pharma OTC & FMCG companies. Founded in 2012, Retailio has a team of over 1000+ employees across offices in Mumbai.

It is a Private Company, incorporated on 23 February 2017 under MCA. It has an authorized share capital of Rs. 100,000 and paid up capital of Rs. 100,000.

Directors of Ayro Retail Solutions are Rupesh Pathak, Ashish Tiwari and Anamika Shrivastava.

AYRO RETAIL SOLUTIONS PRIVATE LIMITED COMPANY is a Private Company incorporated on 23 February 2017. It has an authorized share capital of Rs. 100000 and paid up capital of Rs. 10000.

AYRO RETAIL SOLUTIONS Private Limited is registered at Registrar of Companies, Pune and its CIN number is U74999PN2017PTC190721. Its balance sheet last filed was on 31 March 2021. Its current status as per MCA records is Active. Its Registrar’s office is located at 317, Phii Platinum Square Situated At Viman Nagar, Sno 30/3A3B, Next To Hyatt, Pune, Mh 411014 In.

Indifi Technologies

Founded in 2015, Indifi Technologies provides credit-financing solutions to small businesses. Their services include term loans, lines of credit and invoice discounting. They also offer merchant cash advance solutions.

Their customer-centric approach allows them to build products that fit the business cash flow of an MSME. They also offer industry-specific financing options to e-commerce, travel, hospitality and retail sectors.

They are backed by investors such as Accel Partners, Elevar Equity and Omidyar Network.

The company recently partnered with Retailio, India’s largest B2B pharma marketplace, to provide retailers on the platform with curated credit options for working capital needs. This partnership will allow retailers to use their existing technology and get pre-approved for small loans.

They have also joined hands with Google Pay to offer loans to eligible small merchants on the payments app’s platform. The partnership aims to reach 15-20% of Google Pay’s 10 million-strong base of small merchants. This will enable them to manage their working capital in an efficient manner.

Term loans

Term loans are a classic way to fund short-term financing needs. They are a great option for small businesses looking to buy a new piece of equipment, pay for an advertising campaign or make capital investments.

Oftentimes, a term loan offers more favorable terms than other types of funding. They also help you build your business credit.

In addition, a term loan can help you manage your cash flow. It means you won’t have to dip into your savings account or rely on your credit card to cover the cost of an unexpected expense.

Moreover, the interest you pay on a term loan is tax deductible. If you can repay the loan over a long period of time, you may even be able to convert it to equity.