New Delhi, Sept. 3 -- Gig workers can now invest as low as Rs.100 a day in a mutual fund (MF) through a fintech app. Zeny, a newly launched fintech platform founded by Oxford University alumni Nikhil Nair and Nikhil Saigal, has gone live on the Open Network for Digital Commerce (ONDC) with its daily MF SIPs (Systematic Investment Plans) customer app.

The app aims to enable India's informal workforce to invest as little as Rs.100 per day in the Aditya Birla Sun Life Liquid Fund. Zeny said its approach encourages 'digital sachet savings,' wherein small, frequent deposits are made through UPI (Unified Payments Interface) auto-pay, helping to build good financial habits among informal workers and making it easy for them to manage and grow th...