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Indifi partners with Djubo to provide unsecured loans to hotels

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SME funding enabler Indifi Technologies has partnered with Djubo, a cloud-based hotel technology solution. Under this partnership, over 1400 hotels that are associated with Djubo, can avail unsecured loans of up to 50 lakh within three business days through Indifi Technologies. The availability to these loans will be made possible for hotels by choosing to share their revenue data from their Djubo systems with Indifi, to act as proof of credit worthiness.

The partnership between 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. The partnership is also said to help Djuno’s client hotels to get business loans from Indifi’s lender base with ease, enabling them to invest in modern amenities, service quality and operations.

Elaborating on the 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 experience, on average, 30-40 per cent growth in revenues. We also became premium partners with TripAdvisor to allow hotels to acquire more bookings at lower commission via TripAdvisor and are partnering with Google to provide a similar opportunity to our clients. So 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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