Dvara Trust
Enables opportunities for low-income households and supports new enterprises by doing policy research and investing in their commercial efforts
About
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Headquarters
Chennai, Tamil Nadu
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Since
2008
Dvara Trust ensures that every individual and enterprise has complete access to financial services. Claims to have raised Rs 70 crore from Nordic micr Read moreofinance initiative series E round of equity infusion. Affiliated with Northern Arc Capital (formerly known as IFMR capital), a non-banking finance company. Provides access to debt for under-banked individuals and businesses in India through a combination of capital, products and partnerships. It claims to have created a platform that connects over a hundred non-bank financial institutions to mainstream debt investors. Further claims that pan-India debt portfolio is diversified across 29 states and 540 districts. Certified as a great place to work-certified organisation by The GPTW Institute.
Cause Area
Programs
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Dvara Investment Programme
Northern Arc, formerly IFMR Capital, stands as the flagship company of the group, initially promoted and now supported by renowned institutional investors like Accion, Leapfrog, IIFL, SMBC, Affirma, and Eight Roads. Dedicated to facilitating the reliable and responsible flow of finance, Northern Arc boasts a robust capital base, extensive client outreach, diverse debt products, and a varied asset portfolio. Positioned for continual growth, the company remains a trusted platform for channelling finance from capital providers to users.
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Dvara Entrepreneur-in-Residence Programme
Dvara's Venture Studio Model, focused on fostering entrepreneurship and enhancing diversity in India's start-up ecosystem, uniquely positions itself. The Dvara EIR (Entrepreneur-in-Residence) Programme, under Dvara Holdings, collaborates with talented and innovative entrepreneurs, working collectively to establish businesses aligning with Dvara's mission of financial inclusion. Embracing an open and inclusive approach, the programme seeks collaborations with entrepreneurs (EIRs) possessing great ideas or a willingness to explore and develop novel businesses that serve low-income households in innovative ways.
Leadership Team
Demographics & Structure
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No. of Employees
100+
M&E
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Internal, External Assessors
No
Policies
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Ethics and Transparency Policies
No
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Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Registration Details
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Registration ID
U74900TN2007NPL137162
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FCRA
Not Available
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CSR Registration Number
Not Available
Location
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Headquarters
10th Floor, Phase 1 IIT-Madras Research Park, Kanagam Village, Taramani, Chennai, 600113
Directions
Other Details
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Type & Sub Type
Non-profit
Section 8 (formerly Section 25)