Directi has announced launch of Zeta, a mobile-based meal voucher platform. The Directi Group is a conglomerate of tech companies operating across India, USA, China, Dubai and Europe with current revenues upto $200 Mn.
The Zeta app will provide HR Managers an instant one-click distribution platform of digitised meal coupons to employees across cities. Employees will receive these meal vouchers on their smartphones and use them instantly.
With Zeta, HR Managers can easily distribute vouchers digitally to employees, thus eliminates the problem of storage of vouchers until employees have collected them. The vouchers will also be available to employees on their smartphones, thus they do not have to carry bulky booklets or worry about vouchers being damaged or stolen. The Zeta app ensures the vouchers are tamper-proof and fully secure.
The app also has a location-sensitive merchant directory that helps users locate outlets in the vicinity.
Speaking on the development, Bhavin Turakhia, CEO & co-founder of Zeta said, “The meal voucher market today is worth about INR 4,000 Cr. with approximately 1 Mn employees using meal vouchers in some form or the other. The potential market size is estimated at over 10 Mn users. However, given the cumbersome distribution process, many corporates and employees shy away from this benefit. We genuinely think Zeta can make this process 10x better than any current practice.”
These Vouchers can be used across any outlet for purchasing food and non-alcoholic beverages, irrespective of whether the outlet is a Zeta affiliated partner or not. These vouchers are a tax saving instrument as they are fully compliant with Income Tax and RBI laws as prescribed under the new RBI norms updated in December 2014.
The Zeta app is supported on Android, Windows and iOS platforms currently.
Zeta is co-founded by Bhavin Turakhia, and Ramki Gaddipati.
The post Bhavin Turakhia To Disrupt Corporate Meal Voucher Business Via His New Venture – Zeta appeared first on Inc42 Magazine.
Get 360 Degree Latest News With Ultimate Clarity And With A Distinct Difference
With the fast changing world, the importance of latest and updated news are greatly in demand. Especially on smartphones with news-on-the-go features peoples can access news at any place at any time. When there is no dearth of news websites for PC and mobile devices, the fact that matters is how efficient and different a news portal is? LatestNews360 offers the most frequent news updates on diverse topics in India and across the world. Be it a sports news, or news about politics, be it about scientific advancements or about automobiles, be it about economic affairs or Bollywood news, LatestNews360 offers all on a dynamic platform that keeps on updating frequently with latest news and information. We understand the importance of news in everyone’s sphere and have excogitated our platform to cater to all tastes and interests.
Our portal is designed to be the ultimate destination for all breaking news in India and most important news from the world. Online accessible 24-by-7 we render the best information as a panoramic view with gossips, social developments, innovations, industrial and economic as well as political happenings. Not only we serve serious news on our platter, but also offer you everything from entertainment to education to society to lifestyle, to health to food, travel and vacation on the same plate with a distinct accuracy and detailed information. We have a team that caters to the demands for breaking news from all segments and serve them on time. The best part is, it’s completely free to all and offers further comfort by allowing social connect and social share from the same platform. Check our sections to feel the different in the latest news world! We are committed to serve you better, every time you visit our portal!