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Coronavirus: Urban Company to set up relief fund for temporary workers, contractors

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Urban Company, formerly known as UrbanClap, on Wednesday said it has partnered with Srinidhi Foundation to set up a relief fund to support gig workers and independent contractors on its platform during the COVID-19 crisis. Urban Company, its founders, investors and employees have committed Rs 1.5 crore towards this fund till date. Urban Company is also offering free income protection and health insurance plan for all its Indian service partners, in addition to existing insurance covers. In an another development, shared living company, Stanza Living has also set-up a dedicated Employee Contingency Fund which is based on voluntary contribution from employees. Employees of the company across 10+ cities have come forward to pledge a part of their salaries to the fund, with the co-founders pledging 50 percent contribution to the fund collection.

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