History of Dvara

First KGFS branch inaugurated at Karambayam, Tamil Nadu.
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The first ever rated securitization of microloans in India.
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Pioneered the first multi originator securitization in microfinance.
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Inaugural Financial Systems Design Conference.
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• Dvara ResearchPublication of the CGAP Report on ‘The Pursuit of Complete Financial Inclusion: The KGFS Model in India’.
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• Dvara ResearchSecond Financial Systems Design Conference on ‘Envisioning the Future of Financial Consumer Protection in India’.
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Dvara Research

Launched the book ‘Financial Engineering for Low-Income Households’ authored by Bindu Ananth & Amit Shah.
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Technical Secretariat to the RBI Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households.
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• Dvara ResearchSuitability becomes a customer right. RBI publishes on its website the final Charter of Customer Rights for banking customers.
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Dvara Research
Third Financial Systems Design Conference on ‘Designing Regulations for a Rapidly Evolving Financial System’.
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Brand transition from ‘IFMR Trust’ to ‘Dvara Trust’.
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• Dvara KGFSTenth year anniversary of Dvara KGFS. Also marks the nearly 10-year long Impact Evaluation study led by Rohini Pande (Yale) and Erica Field (Duke).
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Dvara Trust

Fourth Financial Systems Design Conference on Regulating Data-Driven Finance.
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• Dvara KGFSAcquisition of Varam Capital by Dvara KGFS, expanding the KGFS branch network to 250 branches serving over a million customers.
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• Dvara TrustDvara Trust signs MoU with the Government of Odisha to accelerate financial inclusion in the State.
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• Dvara TrustLaunch of the new start-ups under the Dvara EIR program- Dvara SmartGold & Dvara E-Dairy.
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• Dvara IndiaDvara Trust recognised as a Great Place to Work organisation by the Great Place to Work Institute.
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• Dvara E-RegistryCase Study on Leveraging Technology to Enhance Credit and Insurance Delivery to Small and Marginal Farmers in Odisha by Sanjay Mansabdar won third place at the Livelihood India Summit 2019.
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• Dvara Trust Dvara SmartGold was announced as one of the winners of the Inclusive Fintech 50 award for creating financial security for lower- and middle-income households by encouraging micro-savings.
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• Dvara ResearchDvara Research (In collaboration with Gram Vaani) won the Global Prize of the World Bank Group’s ID4D Mission Billion Innovation Challenge, for our solution to reducing exclusions from digital-ID based social protection measures.
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• Dvara Money (Jan 18, 2021)Award winning socially driven start-up CabDost merges with Dvara Money.
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• Dvara E-Registry (Feb 10, 2021)Dvara E-Registry selected as `Best Agri-startup – FPO Partnership’ at FICCI Summit & Awards for Agri Start-ups.
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• Dvara E-Dairy (March 24, 2021)Dvara E-Dairy shortlisted from over 800 applicants as part of the CISCO Agri Challenge.
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• Dvara E-Dairy (March 30, 2021)Dvara E-Dairy shortlisted for RKVY-RAFTAAR program, recommended by Agri Business Incubator of IVRI, and eligible for Rs.5 Lakh grant from the Ministry of Agriculture and Farmers Welfare.
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• Dvara Research (June 2021)5^th Dvara Research Conference hosted between 7th to the 11th June 2021 on the theme of Household Finance.
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