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Gig economy startup CabDost merges with neobank Dvara Money
The combined entity of CabDost and Dvara Money aims to facilitate the distribution of financial products and bring Urban Bharat within the formal financial umbrella.
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CabDost, the startup that helps taxi drivers and other gig economy workers in filing their taxes and planning their finances, has merged with Dvara Money, a neobank catering to India s growing urban gig-economy workers and the blue-collar segment.
In a statement,
Samir Shah, Executive Vice-Chair and Managing Trustee, Dvara Trusteeship Services Pvt. Ltd, said, CabDost has been working relentlessly over the last few years to encourage Taxi drivers in adopting the formal financial system, pay their income tax, in turn, making them eligible to plan their finances and access funds from banks, financial institutions and registered fintechs like Dvara Money. Together, we