A Lookback at 2023: Presenting A Glimpse Of Our Spectacular Year

Karmalife
KarmaLife looks back on a year characterized by substantial progress, acknowledgment, and a continual quest for greatness. Our combined commitment and inventive approach have resulted in notable achievements, filling us with great pride as we showcase these successes.

As we bid adieu to 2023, we at KarmaLife reflect on a year marked by growth, recognition, and the constant pursuit of excellence. Our collective dedication and innovative spirit have yielded remarkable milestones, and it is with immense pride that we share these accomplishments.

The year began with a significant achievement, as we were honored with the prestigious NASSCOM Fintech Award in the Financial Inclusion category, setting the tone for a year of success. This recognition serves as a testament to our unwavering commitment to making financial services accessible to India’s blue-collar gig workers.

In June, our mission received a substantial boost with fresh funding of ₹44 Crore in the Pre-Series A Extension round. This influx of resources has enabled us to further our vision, transforming the lives of countless gig workers by providing them with earnings linked finance solutions.

Mid-year brought us into the global spotlight as KarmaLife was selected as one of the 20 Seed to Series A startups to join the Google for Startups Accelerator program. This milestone promises to harness the power of Generative AI, opening new avenues to innovate and serve our users better.

Our commitment to community and technological innovation was recognized in October when we proudly accepted the Community Focused Tech Innovation Award at the 4th Annual BFSI Excellence Awards.

Closing the year on a high note, December saw us achieve the ISO 27001:2022 certification, a reflection of our commitment to the highest standards of information security and data protection.

With over 50 new talented team members joining us, we’ve doubled our strength, ready to embrace the challenges and opportunities of the coming year.

We extend our heartfelt gratitude to every member of the KarmaLife family, our partners, and our users. Your support and trust are the cornerstones of our continued success and innovation.

Here’s to a future filled with more milestones, as we continue to empower the lives of gig workers with financial freedom and security. Cheers to growth, innovation, and the impact we create together!

0 Shares:
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like
Credit for gig workers
Read More

The Role Earned Wage Access Can Play in Reducing Gig Worker Debt

In the rapidly expanding gig economy, where countless individuals have embraced gig work as their primary income source, managing finances and handling debt has become a challenge. The emergence of Earned Wage Access (EWA) presents a game-changing financial solution, addressing the issue of gig worker debt by providing timely access to earned wages
Mahakumbh 2025, amrit snan, prayagraj, temporary jobs, empowered, gig workers, gig economy, zepto in mahakumbh, blinkit, rapido and uber services in mahakumbh
Read More

Mahakumbh 2025: A Boon for Gig Workers in Uttar Pradesh

The Mahakumbh 2025 is set to be a major economic driver, generating an estimated 1.2 million (12 lakh) gig and temporary jobs, benefiting over 8 lakh workers across multiple sectors. With over 40 crore pilgrims expected to attend, the demand for food delivery, transportation, accommodation, and local services will skyrocket, creating lucrative opportunities for gig workers in Uttar Pradesh. Platforms like Swiggy, Zomato, Ola, Uber, and Airbnb will see a surge in temporary workers, while local businesses and freelancers will thrive. The Mahakumbh gig economy not only highlights the growing role of seasonal gig work but also strengthens financial inclusion by providing flexible earning opportunities to both urban and rural workers. Read more on how Mahakumbh 2025 is shaping the gig economy in India. 🚀
Financial wellness for workers
Read More

Understanding the Concept of Financial Wellness for Workers

Financial stress takes a toll on workers, driving many towards high-interest loans and a debilitating cycle of fiscal strain, which in turn results in mental health issues and reduced workplace productivity. To mitigate these effects and boost business performance, employers should prioritize programs and services that promote financial wellness among their workforce.