Tiger Logistics India Limited Joins Hands with OneNDF to Empower SME Exporters with Cargo Value Financing

Tiger Logistics (India) Limited has announced about the recent signing of an exclusive agreement with OneNDF, a product of Devick Biz Solutions Pvt. Ltd for Cargo Value Financing through our digital platform "FreightJar". This strategic collaboration holds numerous promising advantages for our esteemed customers, particularly SME exporters, as we remain dedicated to delivering highquality solutions to enhance and optimize global supply chain operations.

OneNDF Contract Benefits:

- Enhanced Access to Working Capital: Empower our valued SME Exporters with enhanced access to working capital, elevating their ability to efficiently manage cash flows and liberating them from the constraints of capital in their global supply chain operations.

- Attractive Interest Rates and Multiple Lending Options: This association offers lending options from multiple banks, allowing them to secure capital at highly favorable and low-interest rates.

- Streamlined Processes and Rapid Eligibility Checks: Process Automation & Fast Eligibility Checklist empowers us to process customer requests in just 24 hours.

- Reduced Financial Dependence on Buyers: Making early payments will enhance our financial independence from the buyer.

- Accelerated Inventory Cycles: By improving cash flows, customers can enhance inventory cycles and achieve faster turnovers.

Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs. 393.00 as compared to the previous close of Rs. 394.00. The total number of shares traded during the day was 8258 in over 133 trades.

The stock hit an intraday high of Rs. 401.00 and intraday low of 391.55. The net turnover during the day was Rs. 3262596.00.

Source : Equity Bulls

Keywords

TigerLogisticsIndia INE906O01011 TransportationLogistics ExclusiveAgreement OneNDF FreightJar