Vodafone Idea's enterprise division, Vi Business, has teamed up with digital financial services provider PayU to offer tailored digital payment solutions to micro, small, and medium enterprises (MSMEs) in India.
In a joint statement on Tuesday, the companies announced their strategic partnership aimed at integrating Vi Business's digital transformation solutions with PayU's expertise in digital payments and financial services. This collaboration aims to deliver a comprehensive range of services tailored to meet the evolving needs of MSMEs.
As part of the partnership, Vi Business and PayU will provide MSMEs with a suite of payment solutions, an offers engine, buy-now-pay-later (BNPL) options, and integration with WhatsApp for seamless business communications.
Vi Business, through its dedicated MSME program called ReadyForNext, is also offering a variety of productivity and collaboration digital tools at special prices for MSMEs. Additionally, Vi Business has introduced exclusive offers including Google Workspace, location tracking, 50GB personal cloud storage, mobility security, unlimited calling, and 60GB data with the Business Plus Plan priced at Rs 349 per month, with benefits valued at Rs 65,280 per year.
Arvind Nevatia, Chief Enterprise Business Officer at Vodafone Idea, highlighted the partnership's goal of enhancing digital capabilities for small and medium-sized businesses in India. He emphasized that combining Vi Business's enterprise solutions with PayU's fintech expertise will accelerate the growth journey of MSMEs.
Anirban Mukherjee, CEO of PayU, expressed their commitment to supporting Indian MSMEs in their digital transformation journey. He noted that the collaboration with Vi Business aims to provide robust business and digital finance solutions, enabling MSMEs to increase revenue and operational efficiency in today's competitive market.
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