Dvara KGFS (Kshetriya Gramin Financial Services) (Direct, Equity)
Dvara KGFS has been in existence since June 2008 for fulfilling the mission of maximizing the financial well-being of every individual and every enterprise by providing complete access to financial services in remote rural India. Dvara KGFS currently operates in the Indian states of Tamil Nadu, Odisha, Uttarakhand, Jharkhand, Chhattisgarh and Karnataka serving individual customers and enterprises in remote rural areas. Dvara KGFS operates through a customer-centric technology-enabled model, whereby household information is collected to generate a financial well-being report, which acts as a tool to determine the suitability of a product opted by a customer. Dvara's headquarters and branches positioned in different locations cater to a clearly defined geographical area spread over a contiguous location with a population of above 5 million. On the distribution front, Dvara also partners with banks and other financial institutions under the direct origination model, serving as a business correspondent (BC).