Our journey since 2008 has been very rewarding giving us the opportunity to have served over 47 million households in India through various group companies.
2012
- Dvara Research
Publication of the CGAP Report on ‘The Pursuit of Complete Financial Inclusion: The KGFS Model in India’.
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Second Financial Systems Design Conference on ‘Envisioning the Future of Financial Consumer Protection in India’.
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2013
Dvara Research

Launched the book ‘Financial Engineering for Low-Income Households’ authored by Bindu Ananth & Amit Shah.
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Launched the book ‘Financial Engineering for Low-Income Households’ authored by Bindu Ananth & Amit Shah.
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2014
Dvara Research
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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2017
Dvara Research
Third Financial Systems Design Conference on ‘Designing Regulations for a Rapidly Evolving Financial System’.
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Third Financial Systems Design Conference on ‘Designing Regulations for a Rapidly Evolving Financial System’.
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2018
Dvara Trust
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
Launch of Dvara Entrepreneurship-in-Residence (EIR) program with two start-ups incubated; Dvara Money & Dvara E-Registry.
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2019
Dvara Research
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.
Read More.. - Dvara TrustDvara Trust signs MoU with the Government of Odisha to accelerate financial inclusion in the State.
Read More.. - Dvara TrustLaunch of the new start-ups under the Dvara EIR program- Dvara SmartGold & Dvara E-Dairy.
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Dvara Trust recognised as a Great Place to Work organisation by the Great Place to Work Institute.
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2020
- 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.
Read More.. - 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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